I just ran the “Covered CA” calculator on myself and found that my premium with the “state pool” would be just $1 mo less than I am currently paying with a potential of nearly $5K more coming out-of-pocket annually!
This is no bargain for persons who are already covered by (grandfathered) individual policies.
My premium would have to be raised the maximum allowable over the course of a few years while the “Covered CA” premiums stayed flat in order to make it worth my while to switch (assuming I wasn’t already MC-eligible, lol). I just don’t see this scenario happening in tandem :=0