Small-Business Exchange A Steady Ship In Otherwise Tumultuous Marketplace
Despite upheaval elsewhere the increase in premiums for California's small-business exchange is less than last year's increase.
Capital Public Radio:
Covered California For Small Business Remains Immune To Market Uncertainty
Covered California for Small Business recently announced a 5.6 percent increase in premium rates for 2018, down from a 5.9 percent increase last year. The general Covered California exchange will see a 12.5 percent jump next year. Unlike the rest of the exchange, the small business category is not federally subsidized. If President Donald Trump eliminates subsidies for Covered California, individual market enrollees on some plans could see up to a 24 percent spike in out-of-pocket costs. (Caiola, 9/11)