The PPACA marketplace in California has announced that premiums for plans on its exchange will rise by 4 percent next year, far lower than dramatic premium increases in certain areas detractors have highlighted to argue the new system isn't working.
Supporters of the Patient Protection and Affordable Care Act are pointing to costs of health care in the nation's most populous state as evidence that the law is working as intended, reports The Hill.
The 4 percent rise is slightly lower than the 4.2 percent increase that Golden State saw this year and is consistent with the average national increase projected in a study last year by the McKinsey Center for Health Care Reform.
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