67°

Topics

Compensation and Benefits
California exchange insurance rates for 2015 draw mixed reaction
California exchange insurance rates for 2015 draw mixed reaction

The 4.2% increase in Obamacare insurance rates in California for 2015 announced Thursday drew an enthusiastic reaction from activists and insurers. But there was also some skepticism. "This is a rebuke to all the Obamacare naysayers and political opponents who predicted double-digit rate increases," said Anthony Wright, executive director of consumer advocacy group Health Access. Betsy Imholz, special projects director at Consumers Union, called the slight average premium increase -- as well as a drop in rates for some -- "a victory for consumers."  "I don't remember the last time I heard possible decreases," she said....

Loading