California Prices Significantly Lower Than States with Guarantee Issue
California’s prices are near the national average for families and individuals. They are also dramatically lower than states with guaranteed issue (GI) of coverage. According to a survey done by America’s Health Insurance Plans (AHIP),2 the annual cost of coverage in California is only $5,884 for a family of three and $2,565 for individuals – 25 to 50 percent cheaper than premiums charged in Massachusetts, New Jersey, and New York where all insurers must guarantee issue all products.
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