The Sacramento Bee: California health exchange touts 4.2 percent increase in rates for 2015

Covered California tentatively chose 10 health insurers to participate in the exchange and will open enrollment for the second time on Nov. 15. Under the new plans, 217,000 people will see their premiums remain steady or decrease while about 186,000 people will experience increases of more than 8 percent.

Despite the increase, Peter Lee, the executive director of Covered California, characterized the preliminary rates as a positive news for the state and the law.

“What it means is that we have a California health care market that is meeting consumers’ needs regardless of health status, regardless of ability to pay, because of what the Affordable Care Act does,” said Lee, noting that the rise in premiums is lower than the median 9.8 percent increase from 2011 through 2014. “We have changed the trend in health care costs, and for consumers we are making a huge impact.”

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