- 14,809
I believe this was just released:
http://kaiserfamilyfoundation.files...remiums-and-participation-in-marketplaces.pdf
http://kaiserfamilyfoundation.files...remiums-and-participation-in-marketplaces.pdf
An Early Look at Premiums
- Thread starter Crabcake Johnny
- Start date
They do this over and over.
"Let's look at a sample of states, chosen from states that released rates, and extrapolate it to all the other states."
When, in reality, the states that released rates, released them because they were good. The states choosing to hide their rates, are, well, probably not-so-good.
Wait a month, see the rates, draw a conclusion.
"Let's look at a sample of states, chosen from states that released rates, and extrapolate it to all the other states."
When, in reality, the states that released rates, released them because they were good. The states choosing to hide their rates, are, well, probably not-so-good.
Wait a month, see the rates, draw a conclusion.
Good point. Only 18 states are listed in the table.
This is a very interesting article even though it doesn't include the premiums for states in the Federal Exchange.
It confirms what I 've thought for a long time, that Bronze plan premiums, after subsidy, will be significantly lower than Silver and create a great opportunity to add Ancillary benefits to Bronze plans and give clients much better coverage.
It confirms what I 've thought for a long time, that Bronze plan premiums, after subsidy, will be significantly lower than Silver and create a great opportunity to add Ancillary benefits to Bronze plans and give clients much better coverage.
- Thread starter
- #5
- 14,809
...it appears the cost of insuring a 40 year old male in Baltimore before any subsidy will be $146, a 25 year old would be $111, 60 yr old $310. This can't be accurate.
Nothing that a little manipulation of reality can't fix:
Quote of the Day [FONT=Verdana, Arial, Helvetica, sans-serif]“Maryland is a one-party state that has had heavy influence on how the Blue Cross plan there has been run over the years. CareFirst [BlueCross BlueShield] has clearly made a decision not to rock any political boats in Annapolis, and they have therefore accepted rates that are very far below their actuaries’ projections. Then a year from now, with real claim data to show the regulator, the real rates will ultimately be set for future years based upon what actually happens. Aetna [which withdrew from participation in the Maryland exchange] is not beholden to Annapolis and acted as such.”[/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]— Robert Laszewski, president of Health Policy and Strategy Associates, LLC, told [/FONT]AIS’s Health Reform Week[FONT=Verdana, Arial, Helvetica, sans-serif].[/FONT]
Johnny, it's probably accurate, or at least well inside the "ballpark".
Looking at the released rates for Baltimore (only shows Bronzea ge 25/Solver Age 50 non smoker, gender unspecified, so we assume it's averaged) http://www.mdinsurance.state.md.us/...enter/news-releases/sampleratesbaltometro.pdf
Says that a Bronze 25yo would be $131. Certainly possible that males are $111 and females are $151. Silver 50yo would be $267 average, so $310 for a 60yo is not improbable.
This, of course, is a "sample estimated" price, and does not reflect a census of available plans or finalized rates. It's certainly possible the Kaiser rates are spot on.
Yagents, check the requested/approved disparity in that link. Quite a few carriers took 10-40%+ decreases, especially on the age 50 side.
Looking at the released rates for Baltimore (only shows Bronzea ge 25/Solver Age 50 non smoker, gender unspecified, so we assume it's averaged) http://www.mdinsurance.state.md.us/...enter/news-releases/sampleratesbaltometro.pdf
Says that a Bronze 25yo would be $131. Certainly possible that males are $111 and females are $151. Silver 50yo would be $267 average, so $310 for a 60yo is not improbable.
This, of course, is a "sample estimated" price, and does not reflect a census of available plans or finalized rates. It's certainly possible the Kaiser rates are spot on.
Yagents, check the requested/approved disparity in that link. Quite a few carriers took 10-40%+ decreases, especially on the age 50 side.
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