Oba­macare prices to rise

Los Angeles Times - - THE WEEK -

Amid un­cer­tainty over the fu­ture of the Af­ford­able Care Act, Cal­i­for­nia off icials an­nounced that monthly pre­mi­ums for health plans sold on the state’s Oba­macare ex­change will rise by an av­er­age of 12.5% next year. Cov­ered Cal­i­for­nia, the state in­sur­ance mar­ket­place, pro­vides cov­er­age to about 1.5 mil­lion peo­ple, the ma­jor­ity of whom re­ceive sub­si­dies that lower pre­mi­ums.

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