Rising Health Care Costs in California: Covered California Premiums to Increase
Covered California announces a nearly 10% increase in premiums for 2024 due to higher drug costs, rising inflation, and labor shortages.
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Covered California announces a nearly 10% increase in premiums for 2024 due to higher drug costs, rising inflation, and labor shortages.
California still offers generous subsidies, but the rate hike signals that runaway health care costs are back after five years of low premium increases.
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