California’s individual market will see an average rate change of 0.8 percent in 2020, which is the lowest change since Covered California’s launch, due to new state affordability initiatives designed to lower costs and encourage enrollment.
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California’s consumers could save even more, an average of -9.0 percent, if they shop and switch to the lowest-cost plan in the same metal tier.
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Covered California projects 922,000 people will be eligible for a new subsidy program that lowers the cost of their coverage, including 235,000 middle-income Californians who previously received no federal help.
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