Editorial Argues Covered California’s Low Premium Increase Comes With ‘Trade Offs’
A Los Angeles Times editorial argues that Covered California's announcement that "the average premiums for individual policies in 2016 would be only about 4% higher than they are this year" includes "some trade-offs that won't make everyone happy." For example, the editorial notes that the exchange will introduce "a new standard 'benefit design'" to help keep out-of-pocket costs low that "eliminates deductibles for more basic services and caps the costs of expensive prescription drugs," while making "emergency services and hospitalizations more expensive."
- "Covered California's Good News on Premium Hikes Comes With Trade-Offs" (Los Angeles Times, 7/28).