1/9/2024
California
Covered California for Small Business announced rate updates for April 1, 2024 effective dates. Rates are available for quoting!
Rates
Quarterly trend from Q1 2024 to Q2 2024 (may vary by plan and region):
• Blue Shield:
o HMO: 2.0%
o PPO: 2.0%
• Kaiser Permanente: Pass*
• Sharp Health Plan: 2.7%
Annual trend from Q2 2023 to Q2 2024 (may vary by plan and region):
• Blue Shield:
o HMO: 9.6%
o PPO: 8.9%
• Kaiser Permanente: 8.8%
• Sharp Health Plan: 5.8%
*Reminder: Kaiser Permanente only changes rates once a year. Their quarterly trend is 0% all year and their annual trend will be 8.8% all year.
Rates
Quarterly trend from Q1 2024 to Q2 2024 (may vary by plan and region):
• Blue Shield:
o HMO: 2.0%
o PPO: 2.0%
• Kaiser Permanente: Pass*
• Sharp Health Plan: 2.7%
Annual trend from Q2 2023 to Q2 2024 (may vary by plan and region):
• Blue Shield:
o HMO: 9.6%
o PPO: 8.9%
• Kaiser Permanente: 8.8%
• Sharp Health Plan: 5.8%
*Reminder: Kaiser Permanente only changes rates once a year. Their quarterly trend is 0% all year and their annual trend will be 8.8% all year.
Source: Covered California for Small Business