Jul 19, 2018

ACA premiums in California are going up by 9%

Photo: Joe Raedle/Getty Images

Californians will pay an average of 8.7% more next year for health insurance sold through the Affordable Care Act, and many consumers who are willing to switch plans won't see any premium increase at all, the state said today.

Why it matters: California's rates continue a trend of smaller-than-expected premium hikes. The fact that the ACA's individual mandate won't be enforced next year drove up premiums by an average of 3.5%, despite earlier fears of double-digit hikes and dwindling competition.

The big picture: The ACA's insurance markets are looking a lot stronger than many experts predicted after Congress nullified the law's individual mandate. California is just the latest state to report relatively modest premium hikes, and some insurers are expanding their presence — a stark contrast to warnings of double-digit rate hikes and dwindling competition.

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FEC commissioner refutes Trump's voter fraud claims

Federal Election Commission Ellen Weintraub during a committee hearing in the Capitol in 2017. Photo: Joe Raedle/Getty Images

Federal Election Commission commissioner Ellen Weintraub posted an extensive fact-checking thread to Twitter late Wednesday debunking claims by President Trump and some Republicans that mail-in voting can lead to fraud.

Why it matters: Weintraub weighed in after Trump threatened to take action against Twitter for fact-checking him on his earlier unsubstantiated posts claiming mail-in ballots in November's election would be fraudulent, and she directly addressed Twitter's fact-checkin of the president in her post.

China approves Hong Kong national security law

Hong Kong riot police round up a group of protesters during a demonstration on Wednesday. Photo: Willie Siau/SOPA Images/LightRocket via Getty Images

Chinese lawmakers approved a plan on Thursday for a sweeping national security law for Hong Kong that would criminalize sedition, foreign influence and secession in the Asian financial hub.

Why it matters: China bypassed Hong Kong's legislature and chief executive to introduce the law, prompting Secretary of State Mike Pompeo to announce Wednesday that the city is no longer autonomous from the Chinese mainland and does not warrant special treatment under U.S. law.

Go deeper (1 min. read)ArrowUpdated 52 mins ago - World

Minneapolis unrest: One man dead amid protests over George Floyd

Protesters and police clash during demonstration on Wednesday over the death of George Floyd in custody outside the Third Police Precinct. Photo: Kerem Yucel/AFP via Getty Images

A man died in a Minneapolis shooting during a second night of clashes between police and protesters in the city over the death of George Floyd, an African American man who died in police custody, per AP.

The latest: Police said officers were responding to reports of a stabbing just before 9:30 p.m. and found a man lying in "grave condition on the sidewalk" with a gunshot wound, CBS Minnesota notes. One man is in custody over the suspected homicide, AP reports.