California Budget Forecasts 1-Time Bump In ACA Premiums In 2017

(May 12, 2016, 2:14 PM EDT) -- SACRAMENTO, Calif. — Sunsetting provisions of the Patient Protection and Affordable Care Act (ACA) will likely result in an 8 percent increase in health insurance premiums in 2017, according to the State of California.

The end of the ACA’s Transitional Reinsurance Program and Risk Corridors Program are responsible for the one-time increase, the state projects in its proposed 2016-2017 budget.


The two programs are temporary funding measures implemented by Congress to mitigate risk in the ACA exchanges.

Outside of 2017, the state sees a 5...
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