Perhaps the California legislature knew this was coming, as they attempted in vein to introduce a single-payer health care system in the Golden State.
Covered California’s health insurance exchange announced Tuesday that rates will jump on average 12.5 percent. And that is only if the subsidies continue.
Ten percent of people enrolled through Covered California will also have to look for a new plan, as Anthem Blue Cross announced plans to end its coverage in most of the state.