The issue I have with that study is that it appears to compare only 2014 to 2015 and in limited areas (19 states). I want to that updated to reflect actual premium rates.
AND:
Quote:
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What’s more, based on the popularity of the lowest priced policies in a given tier that we saw during the 2014 season, McKinsey expects that a number of people purchasing higher price plans in their preferred tier will move to either the lowest or second lowest plan in the chosen category. For those people, the study suggests the mean increase will be less than 2 percent.
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How do they determine the number of people that will choose to buy a higher tier plan? It appears that all the good news is based on 2 things; insurance companies are not running away from a legislatively mandated captive audience and that if people choose a higher tiered plan that is the lowest cost in that their, their premium increases are less than otherwise?
That sounds a lot like buying something on sale and claiming you 'saved' money.....
Or am I completely missing it?