The Examiner has confirmed that a 10 to 20 percent increase in premiums is expected, but that this is before the expected impact of tax-subsidies.
The Examiner reported the 10 to 20 percent figure previously. The estimate was reported in the magazine Contingencies, which is published by the Academy of Actuaries. The Examiner contacted the magazine and discovered, surprisingly, that the 10 to 20 percent figure does not include the expected impact of tax subsidies. It should be noted that Contingencies was reporting on that estimate, it did not generate the estimate.
The Examiner will be investigating actuarial projections and also empirical evidence from the State of California to see how premiums are increasing or decreasing for various groups. Stay tuned.