Creating a new, less expensive exchange plan could save both the health care industry and consumers big, new analysis finds.
Consulting firm Avalere Health said creating a copper-tier plan could help bring down federal health care spending by $5.8 billion over the next 10 years. And it could reduce premiums for plan holders by 18 percent compared to bronze plans in 2016.
In turn, that could draw more consumers to the exchanges.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.