Avalere Health, a Washington-based consultancy, said 28 percent of all exchange enrollees selected the lowest-cost silver plan available.
They will be re-enrolled in the plan for the coming year if they do not select a new one by Dec. 15, and researchers say consumers can find cheaper options if they look for one.
“This is a competitive market dynamic and many plans that priced attractively last year are playing catch up for 2015,” Avalere CEO
Dan Mendelson said. “Consumers who care about costs need to shop.”Avalere also warned that the benchmark
plan by which subsidies are calculated — the second-lowest-cost silver plan — could shift by 2014 to 2015. If last year’s benchmark is no longer the standard in 2015, a person’s with a subsidized plan may see their costs go up.More
2 comments:
10%? Then the increases really are not any different that they were before the law.
Insurance rates go up every year. It's nothing new just because of Obamacare. It's the greed of the insurance companies who will raise the rates as much as allowed by their state's insurance commissioner.
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