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California exchange's health insurance rates to increase 4% in 2015
California exchange's health insurance rates to increase 4% in 2015

Heading into the second year of Obamacare healthcare coverage, California officials said more than 1.2 million consumers in the state-run insurance exchange can expect modest price increases of 4.2% on average next year. Covered California on Thursday announced the results of its rate negotiations with Anthem Blue Cross, Kaiser Permanente and other major insurers, an important yardstick for President Obama’s Affordable Care Act. "This is good news for Californians and an example of how Covered California and the Affordable Care Act are working to make health insurance affordable," said Peter V. Lee, Covered California's executive director. Open enrollment for 2015...

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