Please provide the source for that
utterly unsupported claim. I highly suspect that number is originating from a right wing thing tank.
PCIP premiums
https://www.pcip.gov/StatePlans.html">average under $500, and for most of the population will be under $300. Those premium will only go down.
Yes, this is still a lot of money. But as a DUer posted here, they pay around $200 for $5,000,000 in medical expenses. And most people will likely fall in a lower end of the category.
PCIP will be a lifesaver for millions of American people, and as the entire industry is assimilated into one group the premiums can
only go down.