In most of the country, Affordable Care Act exchange plan prices may look a lot cheaper to healthy, low-income consumers who just want to get covered in 2017 than they do to sick people, higher-income people, or agents and brokers.
Consultants in a Washington-based health policy tracking unit at McKinsey & Co. have published data supporting that conclusion in a new analysis. The McKinsey consultants looked at how the ACA advanced premium tax credit subsidy program will affect what low-income and moderate-income exchange users really pay for 2017 exchange coverage.
The consultants came up with numbers that echo what managers of Colorado's state-based Connect for Health Colorado exchange have been saying: Real cash payment prices may be falling for consumers who are eligible for subsidies and are wiling to switch plans to get the lowest possible premium.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
