Covered California 2025 Rate Announcement
July 25, 2024
July 25, 2024
SACRAMENTO, California, July 25 -- The Health Access California issued the following news release on July 24, 2024:
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* Regardless of the 7.9% average premium increase for 2025 plans announced today by Covered California, the Inflation Reduction Act caps premiums at 8.5% of income, and even less for lower incomes.
* The Biden-Harris Administration's Inflation Reduction Act (IRA) along with state investments, have continued to significantly reduce c . . .
* * *
* Regardless of the 7.9% average premium increase for 2025 plans announced today by Covered California, the Inflation Reduction Act caps premiums at 8.5% of income, and even less for lower incomes.
* The Biden-Harris Administration's Inflation Reduction Act (IRA) along with state investments, have continued to significantly reduce c . . .