Column: California shows all states how to protect patients from Trump's attacks on Obamacare [Los Angeles Times (CA)]
Anthem, Inc. (ANTM)
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Source: Los Angeles Times
Covered California, the state’s Affordable Care Act exchange, announced some good news a few weeks ago. On July 19, the exchange said average premiums on its health plans would rise an average of 0.8% for 2020 , the lowest annual increase in its history. In some regions, rates would increase even less or fall; customers who shop around when enrollment for 2020 plans opens on Oct. 15 could reduce their premiums by as much as 16.5%, depending on their home location, the exchange said. Meanwhile, three of the 11 insurers participating in the Covered California exchange, including giant Anthem, said they would expand their footprint in the state. As a result, the exchange said, more than 99% of Californians will be able to choose from two carriers or more for insurance in 2020. Next year will also bring larger premium subsidies for most California ACA enrollees and — unique to the state — subsidies for households with income up to about $154,500 (for a family of four), compared to the $10
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