Friday, September 11, 2015
CT median insurance premiums often higher on exchange than off
analysis by the US Government Accountability Office of health insurance premiums, CT consumers paid more on our exchange than off, for many plan choices both last year and this year. This is unusual among states; nationally the best deals are usually found on health insurance exchanges. Median monthly silver-level premiums for a 30-year old CT resident rose modestly from $305 last year to $307 this year. The report finds more choices for consumers nationally this year than last. Most US consumers had six or more plans to choose from across three metal tiers – bronze, silver and gold. Premiums for the same level plan vary considerably between states, but also within states by as much as 270%. The report includes CT maximum, minimum and median monthly premiums for various purchasers for gold, silver and bronze plans, both on and off the exchange, both 2014 and 2015, as well as the number of plan/county combinations available on and off the exchange.