Obamacare rates to rise 4 percent in California for 2016

LOS ANGELES — Defying dire predictions about health insurance rate shock across the country, California’s Obamacare exchange negotiated a 4 percent average rate increase for the second year in a row. The modest increase for 2016, announced Monday, may be welcome news for many of the 1.3 million Californians who buy individual policies through the state…