Health insurance premiums could skyrocket from cost of coronavirus care

Health insurance premiums could skyrocket from cost of coronavirus care

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The costs of providing care amid the coronavirus pandemic could cost billions for health insurers, according to a new report by Covered California. Covered California released its findings on what the outbreak means for the nation's insurers on Monday. Covered California is the state’s marketplace for individual health care coverage under the Affordable Care Act, and provided coverage for about 1.5 million Californians as of February. The commercial health care market is projected to face anywhere…

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