Question: After all the talk of plans and levels the big important question of how much will actually all plans cost at all levels remains unanswered. When will we know how much every level premiums cost when buying insurance on the Exchange?
Answer: Sometime between May 15 and July 1, you’ll have the final rates. The deadline for the health insurance companies to have their rates ready for approval is May 15, 2013. Then there is a 45-day public comment period. Finally, on July 1, 2013 the rates are loaded into the Covered California system.
Leave a comment