Latest News On Premiums

Latest California Healthline Stories

With ACA’s Future In Peril, California Reins In Rising Health Insurance Premiums

Premiums will grow by an average of 0.8% next year on the state health insurance exchange. Officials cite two new policies for the relatively low rate hike: a new state tax penalty on Californians who don’t have health insurance coupled with state-based tax credits to help enrollees afford their premiums, including middle-income people who make too much money to qualify for federal financial aid. 

Newsom Proposes Penalty To Fund Health Insurance Subsidies

Gov. Gavin Newsom wants to help an estimated 850,000 Californians pay their health insurance premiums and would fund his plan with a tax penalty on people who don’t have coverage. If he succeeds, California would be the first state to subsidize middle-income people who make too much to qualify for federal financial aid.