Covered California hits record enrollment ahead of 2025 open enrollment deadline
Dec 23, 2024
Covered California has hit an enrollment record ahead of the program’s open enrollment deadline.
Over 1.8 million people are enrolled in the state’s health insurance marketplace. About 143,686 Californians are enrolling for the first time, and over 1.6 million are renewing their coverage.
Nearly half of new enrollees have come from Los Angeles, Orange, Riverside, and San Bernardino counties, with 68,095 sign-ups.
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The record number comes despite rates going up almost 10% this year. Covered California Executive Director Jessica Altman attributed the upcoming increase to factors such as rising pharmacy costs, labor shortages, and wage increases in the healthcare industry.
In 2025, the average rate increase for Covered California is expected to be 7.9%
Still, most enrollees are typically shielded from annual premium increases because they receive financial assistance from the government. However, those who don’t qualify could bear the full costs of the rate hikes.
“We want to make sure every uninsured Californian understands that the most financial assistance ever offered through the Affordable Care Act is available here in California for 2025. Now is the time to take advantage of this financial assistance to start the New Year with affordable, name-brand health coverage and peace of mind for you and your family,” Altman said in a statement.
Residents can sign up for Covered California during its open enrollment period here. Open enrollment ends on Jan. 31, 2025.