California Health Insurance Rates Rise Up to 88% in ’14
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Health-care insurance premiums for individuals in California rose between 22 percent and 88 percent in 2014 from last year, even after the federal health-care overhaul, the state’s insurance commissioner said.
The rate increases, with variation for geography and age, were masked by federal subsidies that the Patient Protection and Affordable Care Act provides to 88 percent of the 1.4 million Californians who purchased health care through the state’s exchange, Insurance Commissioner Dave Jones said.