Covered California Announces 2016 Rate Increase

SACRAMENTO, Calif. — Covered California announced its rates for 2016 and unveiled which health insurance companies will be offering plans through the marketplace. The statewide weighted average increase will be 4 percent, which is lower than last year’s increase of 4.2 percent and represents a dramatic change from the trends that individuals faced in the years before the Patient Protection and Affordable Care Act.

-Covered California

Current enrollees can expect to see the four percent increase if they make no changes to their plans for the 2016 plan year.