California’s Efforts to Build on the Affordable Care Act Lead to a Record-Low Rate Change for the Second Consecutive Year
August 19, 2020
Covered California announced on Tuesday a record-low insurance premium rate change for the second consecutive year. The preliminary average rate change for California’s individual market is 0.6 percent for the upcoming 2021 plan year, which is the lowest mark since the launch of the Affordable Care Act and follows a rate change of only 0.8 percent in 2020.