Californians face just a 4.2 percent increase in ObamaCare premiums
Californians face just a 4.2 percent increase in ObamaCare premiums


California announced Thursday that the 1.2 million Californians insured through the state-run ObamaCare exchange will face just a 4.2 percent premium increase next year. Officials at Covered California, which negotiated the rates, said the deal will break the trend of double-digit rate hikes. California Insurance Commissioner Dave Jones said this is "merely a pause" in the big annual premium increases.
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Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.
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