Covered California rates announced and they’re on their way up

Covered California - Health Insurance rate increase

Coverage purchased through the state health insurance marketplace will rise by an average of 6 percent. The Covered California rates have been announced for next year, and the cost of coverage will be increasing by an average of 6 percent for 2023. Officials cautioned that coverage could be far more expensive for some if federal aid isn’t renewed by Congress. They cautioned that some consumers could see their premiums as much as doubling if Congress chooses not to renew federal aid. The rate hike announcement represents the largest increase Covered…

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