InfoStat | 06-05-14

Cheapest Plans from Major Off-Exchange Companies Over 40% More Expensive than Cheapest Exchange Plans

Exchanges Have Cheaper Metal Plans than Major Off-Exchange Carriers in 35 out of 39 cities

During the first Obamacare open enrollment period, several high-profile insurance companies such as Aetna and United Healthcare chose to sell plans off-exchange rather than on-exchange in many states. Based on higher-than-expected enrollment numbers reported by health insurance marketplaces (federal and state exchanges) in 2014 and positive projections for 2015,1 some of these off-exchange insurers are planning to participate in exchanges.

In order to anticipate potential implications for consumers when more off-exchange carriers start selling plans on the exchanges, HealthPocket compared the lowest cost bronze, silver, and gold plans2 for four of the most notable off-exchange insurance companies to the lowest cost bronze, silver, and gold exchange plans. Given that the off-exchange insurance companies do not offer individual health plans in every state, HealthPocket examined 39 states where the selected off-exchange companies had a market presence. The premium comparisons assumed a 40 year-old nonsmoker3 purchasing a health plan with an effective date of July 1, 2014. The four major off-exchange insurance companies used were United Healthcare, Aetna, Cigna, and Assurant.

Before presenting the results, it is important to clarify the similarities and differences between exchange and off-exchange health plans. Plans sold off-exchange must offer the same essential health benefits as plans sold on the exchanges, but the primary difference between buying plans on- or off-exchange is that only on-exchange plans are eligible for government subsidies. These subsidies, however, are only available to certain income groups and then only if their monthly insurance premium exceeds a predetermined portion of their income. Cost-sharing reduction plans are also only available on exchange for low-income individuals. On-exchange health plans may also exhibit differences in cases where there are additional insurance rules that apply to health plans sold on a specific state exchange.

Off-Exchange Vs. On-Exchange Premium Comparison

As noted earlier, the major off-exchange health plans were not necessarily offered in every state. Aetna sold individual and family health insurance plans on only seven states’ exchanges,4 while Cigna sold plans on the exchanges in five states.5 Both companies offered plans off of the exchanges in several other states. Assurant offered bronze plans off-exchange in all cities investigated, including all of the cities in which United Healthcare, Aetna, and Cigna offered plans. United Healthcare, Aetna, and Cigna offered bronze plans in 10, 12, and 8 cities respectively.

On average the least expensive bronze plans offered by the four off-exchange insurers were 45% more expensive than the least expensive bronze plans offered on the exchanges. The table below displays the lowest bronze plan premiums and corresponding deductibles for each city in which at least one of the off-exchange carriers offered bronze plans.

Bronze Plan Lowest Premiums by City

Click to show table (You may need to scroll sideways to see all columns)

StateMost Populous CityZip Contained Within CityOn-Exchange Lowest Premium (40 year old non-smoker)On-Exchange Deductible for Lowest Premium PlanUnited Healthcare Lowest Premium (40 year old non-smoker)United Healthcare Deductible for Lowest Premium PlanAetna Lowest Premium (40 year old non-smoker)Aetna Deductible for Lowest Premium PlanCigna Lowest Premium (40 year old non-smoker)Cigna Deductible for Lowest Premium PlanAssurant Lowest Premium (40 year old non-smoker)Assurant Deductible for Lowest Premium Plan
AlabamaBirmingham35203$208$6,350$275$6,000
AlaskaAnchorage99501$309$5,250$375$5,500$316$6,000
ArizonaPhoenix85004$170$5,000$216$5,500$258$6,100$224$6,000
ArkansasLittle Rock72201$231$6,300$266$6,350$216$6,000
CaliforniaLos Angeles90071$197$5,000$283$6,100$226$4,500
ConnecticutBridgeport06604$296$5,000$318$5,500$331$6,100$289$6,000
DelawareWilmington19801$248$6,300$267$5,500$330$6,000
FloridaJacksonville32202$167$6,300$276$6,350$259$6,350$232$6,000
GeorgiaAtlanta30334$202$6,300$239$5,500$264$6,100$258$6,000
IdahoBoise83706$177$6,350$283$6,000
IllinoisChicago60603$152$6,000$308$5,500$288$6,000
IndianaIndianapolis46204$271$5,000$360$6,000
IowaDes Moines50316$150$6,300$233$6,000
KansasWichita67202$148$6,300$276$6,000
LouisianaNew Orleans70112$207$4,500$304$6,000
MichiganDetroit48226$167$6,300$229$6,350$276$5,500$257$6,000
MinnesotaMinneapolis55401$115$6,300$215$6,000
MississippiJackson39201$243$6,300$286$6,000
MissouriKansas City64106$184$6,300$287$6,350$245$6,000
MontanaBillings59102$206$3,950$234$6,000
NebraskaOmaha68106$197$4,750$269$6,000
NevadaLas Vegas89101$183$6,250$215$6,000
New HampshireManchester03104$226$5,750$347$6,000
North CarolinaCharlotte28202$224$6,300$304$6,350$319$6,100$251$6,000
North DakotaFargo58103$213$6,300$296$6,000
OhioColumbus43215$252$6,000$338$6,350$257$5,500$264$6,000
OklahomaOklahoma City73102$129$5,000$276$6,350$246$5,500$259$6,000
OregonPortland97208$165$5,250$209$5,000
PennsylvaniaPhiladelphia19107$238$6,000$354$6,350$290$5,500$271$6,000
South CarolinaColumbia29201$202$6,300$304$6,100$315$6,000
South DakotaSioux Falls57104$239$5,000$369$6,000
TennesseeMemphis38105$143$4,000$278$6,350$228$6,100$260$6,000
TexasHouston77002$167$5,000$248$5,100$307$6,000
UtahSalt Lake City84111$152$6,300$270$6,350$319$6,000
VirginiaVirginia Beach23451$212$6,000$314$6,000
WashingtonSeattle98104$186$6,000$258$6,000
West VirginiaCharleston25389$244$3,000$370$6,000
WisconsinMilwaukee53203$244$6,300$335$6,350$302$6,000
WyomingCheyenne82005$331$4,000$292$6,000
Average$205$5,613$291$6,350$280$5,642$279$5,975$278$5,936

The exchanges had the cheapest bronze plan in 36 out of 39 cities. Among the bronze plans offered by United Healthcare, Aetna, and Cigna, none were less expensive than the cheapest on-exchange bronze plans in their respective cities. However Assurant’s least expensive bronze plans were cheaper than the exchanges in three cities: Little Rock, AR, Bridgeport, CT, and Cheyenne, WY. On average the least expensive Assurant bronze plan was 41% more expensive than the least expensive on-exchange bronze plan. For United Healthcare, Aetna, and Cigna, the corresponding percentages were 58%, 38%, and 42% respectively. Moreover the average deductible for the least expensive bronze plan among the four carriers was 6% higher than the average deductible for the least expensive bronze plan on the exchanges.

As with bronze plans, Assurant offered silver plans in all 39 cities, while United Healthcare, Aetna, and Cigna offered plans in 10, 11, and 8 cities respectively. On average the least expensive silver plans offered by the four off-exchange insurers were 39% more expensive than the least expensive silver plans offered on the exchanges.

Silver Plan Lowest Premiums by City

Click to show table (You may need to scroll sideways to see all columns)

StateMost Populous CityZip Contained Within CityOn-Exchange Lowest Premium (40 year old non-smoker)On- Exchange Deductible for Lowest Premium PlanUnited Healthcare Lowest Premium (40 year old non-smoker)United Healthcare Deductible for Lowest Premium PlanAetna Lowest Premium (40 year old non-smoker)Aetna Deductible for Lowest Premium PlanCigna Lowest Premium (40 year old non-smoker)Cigna Deductible for Lowest Premium PlanAssurant Lowest Premium (40 year old non-smoker)Assurant Deductible for Lowest Premium Plan
AlabamaBirmingham35203$256$4,600$329$1,250
AlaskaAnchorage99501$381$2,500$469$5,000$378$1,250
ArizonaPhoenix85004$194$2,000$274$5,000$306$1,500$268$1,250
ArkansasLittle Rock72201$294$3,500$296$3,650$258$1,250
CaliforniaLos Angeles90071$245$2,000$328$2,000$272$1,250
ConnecticutBridgeport06604$383$3,000$371$5,000$386$3,400$346$1,250
DelawareWilmington19801$286$3,000$310$5,000$395$1,250
FloridaJacksonville32202$227$3,750$335$3,650$351$5,000$277$1,250
GeorgiaAtlanta30334$229$4,600$277$5,000$313$3,400$307$1,250
IdahoBoise83706$218$4,000$338$1,250
IllinoisChicago60603$211$6,000$385$5,000$344$1,250
IndianaIndianapolis46204$339$3,000$431$1,250
IowaDes Moines50316$192$3,750$279$1,250
KansasWichita67202$198$2,500$330$1,250
LouisianaNew Orleans70112$295$3,000$363$1,250
MichiganDetroit48226$190$4,600$255$3,650$320$5,000$307$1,250
MinnesotaMinneapolis55401$154$3,500$257$1,250
MississippiJackson39201$276$4,600$342$1,250
MissouriKansas City64106$238$3,750$349$3,650$294$1,250
MontanaBillings59102$251$2,500$281$1,250
NebraskaOmaha68106$257$1,500$322$1,250
NevadaLas Vegas89101$237$3,000$258$1,250
New HampshireManchester03104$289$2,500$416$1,250
North CarolinaCharlotte28202$300$3,000$375$1,500$301$1,250
North DakotaFargo58103$265$2,200$355$1,250
OhioColumbus43215$239$3,500$377$3,650$310$5,000$317$1,250
OklahomaOklahoma City73102$193$6,000$335$3,650$312$5,000$310$1,250
OregonPortland97208$194$2,500$251$2,500
PennsylvaniaPhiladelphia19107$256$0$430$3,650$362$5,000$324$1,250
South CarolinaColumbia29201$266$3,750$358$3,400$377$1,250
South DakotaSioux Falls57104$253$3,500$442$1,250
TennesseeMemphis38105$185$2,000$316$3,650$267$1,500$311$1,250
TexasHouston77002$238$6,000$289$2,750$368$1,250
UtahSalt Lake City84111$173$4,600$307$3,650$382$1,250
VirginiaVirginia Beach23451$271$3,500$375$1,250
WashingtonSeattle98104$245$1,750$299$3,500
West VirginiaCharleston25389$289$4,750$443$1,250
WisconsinMilwaukee53203$302$3,000$374$3,650$361$1,250
WyomingCheyenne82005$374$2,500$349$1,250
Average$253$3,326$337$3,650$340$5,000$328$2,431$332$1,340

The exchanges had the cheapest silver plan in 35 out of 39 cities. Among the silver plans offered by United Healthcare and Cigna, none were less expensive than the least expensive exchange silver plans in their respective cities. However Aetna’s least expensive silver plan in Bridgeport, CT was cheaper than the least expensive silver plan on the CT state exchange for Bridgeport. Moreover Assurant’s least expensive silver plans were cheaper than the exchanges in four cities: Anchorage, AK, Little Rock, AR, Bridgeport, CT, and Cheyenne, WY.

On average the cheapest Assurant silver plan was 35% more expensive than the cheapest exchange silver plan. For United Healthcare, Aetna, and Cigna, the corresponding percentages were 50%, 39%, and 32% respectively. However the average deductible for the least expensive silver plan among the four carriers was 7% lower than the average deductible for the least expensive silver plan on the exchanges. In particular Assurant’s average deductible for the cheapest silver plan was 60% lower than the average deductible for the cheapest silver plan on the exchanges.

In the most populous cities in each state, both Aetna and Cigna only offered bronze and silver plans. United Healthcare offered gold plans in ten cities and Assurant offered gold plans in all cities investigated. The cheapest United Healthcare gold plan was 41% more expensive on average than the cheapest exchange gold plan, while the cheapest Assurant gold plan was 39% more expensive.

Gold Plan Lowest Premiums by City

Click to show table (You may need to scroll sideways to see all columns)

StateMost Populous CityZip Contained Within CityOn Exchange Lowest PremiumOn Exchange Deductible for Lowest Premium PlanUnited Healthcare Lowest PremiumUnited Healthcare Deductible for Lowest Premium PlanAssurant Lowest PremiumAssurant Deductible for Lowest Premium Plan
AlabamaBirmingham35203$291$2,500$395$2,000
AlaskaAnchorage99501$491$750$454$2,000
ArizonaPhoenix85004$221$0$322$2,000
ArkansasLittle Rock72201$336$1,000$323$1,000$310$2,000
CaliforniaLos Angeles90071$276$0$324$0
ConnecticutBridgeport06604$440$1,000$415$2,000
DelawareWilmington19801$344$1,800$475$2,000
FloridaJacksonville32202$247$1,750$385$1,000$332$2,000
GeorgiaAtlanta30334$261$2,500$371$2,000
IdahoBoise83706$253$1,000$406$2,000
IllinoisChicago60603$245$2,000$414$2,000
IndianaIndianapolis46204$424$700$518$2,000
IowaDes Moines50316$217$1,750$355$2,000
KansasWichita67202$219$1,750$397$2,000
LouisianaNew Orleans70112$316$1,000$437$2,000
MichiganDetroit48226$220$2,500$278$1,000$369$2,000
MinnesotaMinneapolis55401$180$2,000$309$2,000
MississippiJackson39201$314$2,500$411$2,000
MissouriKansas City64106$271$1,250$401$1,000$353$2,000
MontanaBillings59102$277$700$337$2,000
NebraskaOmaha68106$307$1,750$387$2,000
NevadaLas Vegas89101$260$1,000$309$2,000
New HampshireManchester03104$343$1,000$499$2,000
North CarolinaCharlotte28202$348$1,250$361$2,000
North DakotaFargo58103$294$1,300$426$2,000
OhioColumbus43215$299$1,000$411$1,000$380$2,000
OklahomaOklahoma City73102$248$3,250$385$1,000$372$2,000
OregonPortland97208$246$1,300$310$2,000
PennsylvaniaPhiladelphia19107$305$0$495$1,000$388$2,000
South CarolinaColumbia29201$298$1,250$452$2,000
South DakotaSioux Falls57104$307$1,500$531$2,000
TennesseeMemphis38105$244$2,500$359$1,000$374$2,000
TexasHouston77002$284$2,500$442$2,000
UtahSalt Lake City84111$200$2,500$349$1,000$459$2,000
VirginiaVirginia Beach23451$332$1,000$451$2,000
WashingtonSeattle98104$294$750$343$2,000
West VirginiaCharleston25389$351$1,500$532$2,000
WisconsinMilwaukee53203$366$500$407$1,000$434$2,000
WyomingCheyenne82005$422$1,500$420$2,000
Average$297$1,431$379$1,000$399$1,949

The exchanges had the cheapest gold plans in 35 out of 39 cities. Little Rock, AK was the only city in which United Healthcare’s cheapest gold plan was less expensive than the cheapest gold plan on exchange. However Assurant had cheaper gold plans than the exchanges in the same four cities in which it had cheaper silver plans. Moreover the average deductible for the cheapest Assurant gold plan was 36% more expensive than the average deductible for the cheapest exchange gold plan, while the average deductible for the cheapest United Healthcare gold plan was 30% less expensive than the average deductible for the cheapest exchange gold plan.

Implications for Consumers

Overall the least expensive metal plans from United Healthcare, Aetna, Cigna, and Assurant were significantly more expensive than the least expensive metal plans available on state exchanges. Across the bronze, silver, and gold metal tiers, the least expensive plans offered by the four off-exchange carriers were over 40% more expensive on average than the least expensive plans on the exchanges.6 This suggests that if these carriers entered new exchanges in 2015, then they would not usually be competitive with the cheapest on-exchange plans unless they substantially lowered their current premiums. It is important to note that these premium costs do not factor premium subsidies, which are only available for on-exchange metal plans. During the first open enrollment period, 85% of people choosing a plan on an exchange had some form of financial assistance, such as premium subsidies or subsidized cost-sharing.7

One possible explanation for the on-exchange plans having cheaper premiums than the four off-exchange companies’ plans is that the exchange websites, which displayed all of the on-exchange plans in each county or zip code, promoted premium comparisons among on-exchange plans, thus influencing the plans to be more price competitive. Since the premium cost is one of the first things that a consumer would check for a health plan, on-exchange insurers may have chosen to have lower premium costs so that their plans would look more competitive compared to the other plans available on exchanges. While there are web sites such as HealthPocket that compare both on-exchange and off-exchange premiums together, off-exchange insurance companies may have believed there would be lesser consumer awareness of these sites. Off-exchange insurers may also have spent more money than on-exchange insurers for marketing costs, which would be reflected in higher premium prices. Additionally, networks for some on-exchange plans may have been narrowed to achieve lower premium costs.

Although the exchanges generally sold metal plans with cheaper premiums than the off-exchange carriers, it is entirely possible that some of the more expensive plans from the off-exchange carriers were a better value for typical consumers than the on-exchange plans. For consumers that anticipate no healthcare usage, the premium is the only relevant cost for their health plan. However for all other consumers, lower deductibles and lower coinsurance can make up for the cost of a higher premium. Even if one plan has more expensive premiums and cost-sharing than another plan, it is possible for the first plan to be more attractive to consumers if it has a broader network of providers. Before selecting a plan, consumers that wish to continue visiting their current healthcare provider should always check if their provider accepts the new plan.

For the few cities in which the off-exchange carriers did offer metal plans with lower premiums than the exchanges, entry of the off-exchange carriers into the city’s public exchange could lead to increased competition with respect to premium costs. However the entry of these carriers could also lead to lower premium subsidies. Premium subsidies are based on the premium cost of the benchmark silver plan (the second least expensive silver plan in each rating area), and in particular premium subsidies are lower if the benchmark silver plan’s premium cost is lower. Thus former off-exchange carriers offering cheaper on-exchange silver plans in a rating area could decrease premium subsidies for consumers in the rating area.

Methodology

Premium and deductible costs for the least expensive bronze, silver, and gold plans in the most populous city in each state were quoted on June 2, 2014 for a 40-year-old non-smoker purchasing a plan with effective date July 1, 2014. Costs for on-exchange plans are based on data from healthcare.gov and state-based marketplaces, while costs for United Healthcare, Aetna, Cigna, and Assurant were quoted from those carriers’ websites. Only the 39 cities with data for on-exchange plans and at least one of the four carriers were included in the analysis. Platinum plans were not included in the analysis since their availability was significantly less than the availability of plans in the three other metal tiers.


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Authors

This analysis was written by Jesse Geneson, data researcher at HealthPocket, and Kev Coleman, Head of Research & Data at HealthPocket, with data analysis by Katherine Bian. Correspondence regarding this study can be directed to Mr. Geneson at jesse.geneson@healthpocket.com.

Jesse Geneson on Google+
Kev Coleman on Google+

1 8 million people signed up for coverage through the exchanges in 2014, and enrollment in 2015 is projected to be around 13 million. Reed Abelson. Insurers Once on the Fence Plan to Join Health Exchanges in ’15. (May 25, 2014) http://www.nytimes.com/2014/05/26/your-money/health-insurance/insurers-once-on-the-fence-plan-to-join-health-exchanges-in-15.html?_r=1
2 During the open enrollment period from October 1, 2013 to March 31, 2014 (including the special enrollment periods through April 19, 2014), 65% of enrollees chose a silver plan, 20% chose a bronze plan, and 9% chose a gold plan. Only 5% chose a platinum plan and 2% chose a catastrophic plan. Health Insurance Marketplace: Summary Enrollment Report for the Initial Annual Enrollment Period. http://aspe.hhs.gov/health/reports/2014/MarketPlaceEnrollment/Apr2014/ib_2014apr_enrollment.pdf
3 The most populous city in each state was used as the assumed residence of the enrollee. Cities were not included if they lacked data about exchange plans, or if none of the four off-exchange insurers sold plans in those cities.
4 Health Insurance Exchange/Marketplace – Plans & Services | Aetna. http://www.aetna.com/individuals-families/health-insurance-exchange.html
5 Reed Abelson. Insurers Once on the Fence Plan to Join Health Exchanges in ’15.
6 The average percentages for bronze and silver plans included all four carriers, while the percentage for gold plans included only United Healthcare and Assurant, since Cigna and Aetna did not offer gold plans in the cities investigated.
7 Health Insurance Marketplace: Summary Enrollment Report for the Initial Annual Enrollment Period.

Do you have questions about this article?

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2 questions| 2 answers
Why this "report" is misleading and likely to be proved false
Q:I am only addressing the comparison for Los Angeles County, CA in my remarks below. This report is seriously flawed, at least to the extent reported above, because the comparison between on- and off-exchange plans is NOT a genuine "apples-to-apples" comparison. I can say something like, "Cars sold at Chevy dealers are lower priced than cars sold at Cadillac dealers," and that would generally be a true statement, but it is not a valid comparison. Anyone can compare "lowest" prices and will always manage to find one lower. Why did the authors not make a comparison of the "highest" premiums? In the Region 16 pricing within the Covered California exchange, for a 25-year-old, there is 24.5% difference between the lowest priced plan (LA Care HMO) and the highest priced plan (HealthNet PPO). But comparing an HMO to a PPO is not apples-to-apples by any stretch of the imagination. And why make such inflammatory statements as the off-exchange Bronze premiums were 45% higher, when the reality is that Bronze plans are crap to begin with -- on or off the exchange. The LA Care plan identified above has a $5000 deductible, then $60 copays for doctor visits. The comparable Assurant plan is $185 per month (only a 19% difference, not 45%), and after the $5000 deductible, it is a 75-25 coinsurance plan. If a physician visit is $100, the coinsurance is only $25 . . . 58.3% LOWER out-of-pocket cost. Who wins that comparison? There are also some important distinctions between on- and off-exchange provider networks. Assurant, for example, is a PPO which uses the Aetna national provider network, which is far broader than all of the networks which constitute the on-exchange plans in the available Region 16 exchange-based Bronze plans (5 HMO, 3 PPO, 2 EPO). Sorry, but the research is patently flawed because the authors chose very narrow criteria, limited their research to just 39 cities, and did not make valid comparisons between their low and high examples. As any accountant will tell you, "Liars always figure, but figures never lie." This report has a built in bias against off-exchange plans that clouds the judgment of its authors. I, on the other hand, am a licensed Life & Disability Insurance Analyst, and when I make comparisons for my clients, I do all the math, and I make all the necessary comparisons, and I look to see in which networks a person's existing physician is a participant, if any. My recommendation is based entirely on what is right for the client, not simply what is the lowest price. When one plan has a higher premium than another, there are usually reasons which account for that difference. PPO plans, by virtue of the possible claims exposure from out-of-network providers, tend to be more costly to begin with -- in terms of monthly premiums. But the benefits within the plans are often more favorable than those of HMO plans. To be honest, however, BRONZE PLANS ARE AWFUL! Only a person who cannot afford a more valuable and beneficial SILVER PLAN will purchase one. That was my experience in the enrollments in the two or three bronze plans I helped clients select. Although the difference in premium was small -- less than $40 per month -- they were only concerned with cost, not value. And the off-exchange plans I helped clients enroll in with Assurant, were all situations in which the families did not qualify for premium tax credits, AND the premiums were lower than any comparable plan in the Covered California exchange, not to mention the broader provider network, I can't speak to the findings in other states or cities, but if the research followed the same methodology I have dispelled in the Los Angeles area, then the same or similar results will be seen elsewhere.
Asked by Anonymous 

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Know the Answer? Answer this Question
A: Thank you for the comments, questions, and suggestions. Below are responses to the major points that you mentioned: Q: "The comparison between on- and off-exchange plans is NOT a genuine apples-to-apples comparison." A: We discussed several of the differences between on and off-exchange plans in the introduction of the study (e.g. availability of premium subsides, cost-sharing reduction plans, and extra requirements on specific state exchanges). The study compared the cheapest available bronze, silver, and gold plans on-exchange to the cheapest available bronze, silver and gold plans available from four high-profile off-exchange carriers. All types of major medical plans were included in the analysis, including both HMOs and PPOs. While this study does not exhaust the comparison points between on and off exchange health plans, it does make an important contribution to that evaluation. Q: "Anyone can compare lowest prices and will always manage to find one lower. Why did the authors not make a comparison of the highest premiums?" A: We chose to focus on the lowest premiums because consumers are more likely to purchase a cheaper plan than a more expensive plan. Premium costs are often one of the most important factors a consumer takes into consideration when selecting a health plan, especially for those who anticipate little or no healthcare usage. Q: "As any accountant will tell you, Liars always figure, but figures never lie. This report has a built in bias against off-exchange plans that clouds the judgment of its authors. I, on the other hand, am a licensed Life & Disability Insurance Analyst, and when I make comparisons for my clients, I do all the math, and I make all the necessary comparisons, and I look to see in which networks a person's existing physician is a participant, if any." A: I agree that provider networks are very important for plan comparison, a point that was discussed in the conclusion. This study only focused on lowest premium costs and the deductibles for the lowest-premium plans. In future research we would like to examine network characteristics (total size, # of hospitals, % of specialists, etc.) as well as cost-sharing factors such as deductibles, copayments, and coinsurance. Moreover I respectfully disagree with the claim that the report was biased. We examined data objectively and documented the results of our analysis. If the four off-exchange carriers had lower premiums than the on-exchange plans, then that would have been the main point of the study. Inasmuch as HealthPocket’s web site displays both health plans that are available on and off exchange, we had no vested interest in the outcome of the research. For any readers that would be interested to compare plans with respect to premiums, deductibles, copayments, coinsurance, drug formularies, and a list of in-network physicians, please refer to HealthPocket's Obamacare comparison tool at http://www.healthpocket.com/individual-health-insurance.
Answered on 6/13/2014 by Anonymous 
Is this report available in PDF format
Q:Is the report, "Cheapest Plans from Major Off-Exchange Companies Over 40% More Expensive than Cheapest Exchange Plans" available in PDF format?
Asked by Anonymous 

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A: Currently you can download a PDF for any Infostat by clicking "+Share" at the bottom of the page, search "PDFmyURL" in the "Find a service" field, and then click the "PDFmyURL" search result.
Answered on 6/13/2014 by Anonymous