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Covered California announces rates and plans for 2026

Covered California reports a 10.3% average premium increase for 2026 driven by rising health care costs and potential loss of federal premium tax credits, affecting 1.7 million enrollees.

  • Covered California announced a 10.3% average premium increase for 2026, marking its first double-digit rise since 2018.
  • The increase is driven by higher medical expenses, the ending of expanded federal financial aid at the close of the year, and general uncertainty in the market.
  • State officials have designated $190 million to continue financial assistance for individuals with incomes up to one and a half times the federal poverty threshold, addressing a potential $2.1 billion shortfall if Congress does not extend aid.
  • Covered California Director Jessica Altman highlighted that the recent end of enhanced tax credits represents an unprecedented challenge to affordability, while agent Ariana Brill cautioned that if these subsidies are not extended, consumers will face increased financial strain next year.
  • If subsidies lapse, up to 600,000 Californians could drop coverage or switch to less comprehensive plans, deepening affordability challenges in the marketplace.
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19 Articles

East Bay TimesEast Bay Times
+7 Reposted by 7 other sources
Lean Left

Covered California health insurance will cost more in 2026. Here’s what’s behind the double-digit increase

Millions of consumers will feel the pinch when rates already expected to rise will jump even further. Federal subsidies, set to expire at year’s end, are partly to blame.

·Walnut Creek, United States
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Telemundo Area de la Bahía 48Telemundo Area de la Bahía 48
+2 Reposted by 2 other sources

Californians who contract their health insurance through the state market will see an average 10.3% increase in their premiums next year.

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  • 83% of the sources lean Left
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Action News Now broke the news in on Thursday, August 14, 2025.
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