Pelosi Statement on 2015 Covered California Premium Rates

Contact: Drew Hammill, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement on the newly released premium rates for health coverage available on the Covered California insurance marketplace:

"The Affordable Care Act is delivering on the promise of quality, affordable insurance for millions of Americans across the country – and California continues to lead the way for the nation.

"The evidence continues to pile up that the Affordable Care Act is working. After years of double-digit premium hikes before the passage of this historic law, premiums for 2015 health coverage available on Covered California are rising only 4.2 percent on average. The low rates achieved through Covered California's tough negotiating give Californians the confidence of knowing that their newly affordable health insurance isn't going anywhere – and some plans are becoming even more affordable, with average premiums that are 8.5 percent lower than current rates.

"Thanks to the Affordable Care Act's premium tax credits, low rate growth, and strengthened consumer and patient protections, millions of students, workers and families are discovering they can count on their affordable, quality health insurance being there for them when they need it the most. Republicans should stop trying to dismantle this historic progress, and come together to strengthen and improve the Affordable Care Act for years to come."

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