Tuesday, Sep 12, 2017
Covered California, California’s health-based marketplace, released in early August its proposed 2018 rates for the individual health plan market. The proposed 2018 rates include an average weighted rate increase of 12.5 percent for health coverage. The 2018 rate change is lower than last year and includes a one-time increase of 2.8 percent due to the end of the health insurance tax “holiday.” Eleven health plans that currently participate in Covered California will continue participating in the state-based marketplace in 2018. However, Anthem Blue Cross has withdrawn participation from 16 of California’s 19 pricing regions where it serves approximately 153,000 consumers.
The proposed 2018 rates for embedded, individual and small business dental coverage were not available at the time of this writing.
To learn more about health coverage available through Covered California, visit coveredca.com.