Believed to mainly be the result of the removal of the federal insurance mandate penalty, Covered California consumers will see an almost 9 percent increase in premium costs, reports Sammy Caiola of California Public Radio. With about 1.4 million already covered under Covered California, it’s believed that up to 262,000 consumers will be leaving the market, driving up premiums for those remaining. Caiola reports that the 9 percent increase will have the largest impact on Covered California consumers who do not receive government subsidies, which is about 12 percent.
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Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.