ACA premiums in California are going up by 9%

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.