covered california premiums could soar if feds stop enforcing aca

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photo: rich pedroncelli, associated press image 1of/1captioncloseimage 1 of 1covered california’s peter lee says insurance com panies need more assurance about u.s. payments.covered california’s peter lee says insurance com panies need more assurance about u.s. payments. photo: rich pedroncelli, associated press covered california premiums could soar if feds stop enforcing aca1 / 1back to gallerypremiums for health plans sold on covered california, the insurance exchange created under the affordable care act, could spike nearly 50 percent if the federal government stops enforcing two of the law’s key provisions that have been put in question under president trump, according to a new analysis by covered california and pricewaterhousecoopers. the projected increase would apply to all health plans in california’s individual insurance market, which includes 1.3 million people who buy plans through covered california as well as 1.1 million people who buy plans directly from insurers outside of the exchange. the latter group would bear the brunt of the premium spike, because those people do not receive financial assistance to buy plans, whereas the vast m......

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