In California, Obamacare Rates Are Going Down

Last year California restored Obamacare’s individual mandate penalty within the state and directed the money to be used to increase subsidies for middle-income families. One of the results is that rate increases for next year are zero or lower:

I’ve added a column to the table making an approximate adjustment for inflation. The bottom line is that nearly everyone will pay less for insurance in 2020 than in 2019. This is what can happen when a state is actually serious about making Obamacare work as well as possible for everyone.

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And we won't beat around the bush: Our fundraising drive to finish our current budget on June 30 and start our new fiscal year on July 1 is lagging behind where we need it to be.

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If you're new to Mother Jones or aren't yet sold on supporting our nonprofit reporting, please take a moment to read Monika Bauerlein's post about our priorities after these chaotic several years, and why this relatively quiet moment is also an urgent one for our democracy and Mother Jones’ bottom line—and if you find it compelling, please join us.

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