California Health Insurance Premiums Surge Amid Economic Challenges
Discover how California's soaring health insurance premiums impact employers and employees, driven by economic challenges and changing regulations.
Discover how California's soaring health insurance premiums impact employers and employees, driven by economic challenges and changing regulations.
Health insurance premiums in the Affordable Care Act marketplace are projected to increase by 15% in 2025, driven by rising medical costs, new drug expenses, tariffs, and uncertain subsidy extensions.
Colorado's individual health insurance premiums are expected to rise sharply in 2025, with an average increase of up to 30% in some areas due to expiration of premium tax credits and regulatory factors affecting affordability in the insurance market.
Wyoming faces significant health insurance premium increases due to the expiration of enhanced marketplace subsidies, impacting affordability statewide and especially in Teton County.
California Department of Insurance approves a 17% emergency home insurance premium increase for State Farm to stabilize finances post-LA wildfires. Rate hikes affect 1M homeowners and reflect broader wildfire insurance challenges.