Table 2 Changes to lowest-cost silver plan features: “Choice to Stay” vs. “Choice to Switch”
From: Three years in – changing plan features in the U.S. health insurance marketplace
2014–2015 N = 1350 (53.7%) | 2015–2016 N = 1712 (68.2%) | 2014–2016 N = 1795 (71.5%) | ||||
|---|---|---|---|---|---|---|
Choice to Stay | Choice to Switch | Choice to Stay | Choice to Switch | Choice to Stay | Choice to Switch | |
Premiums | ||||||
Avg. Year-Over-Year Change (%) | 7.1% | −1.5% | 19.9% | 10.7% | 27.4% | 13.5% |
Avg. Year-Over-Year Change ($) | $42.31 | -$9.18 | $118.09 | $63.08 | $156.37 | $77.08 |
Counties with Premium Increase (%) | 87.2% | 49.9% | 97.0% | 81.5% | 95.3% | 82.0% |
Counties with Premium Decrease (%) | 12.8% | 50.1% | 3.0% | 18.5% | 4.7% | 18.0% |
Medical Deductible | ||||||
Avg. Year-Over-Year Change ($) | $52.52 | -$42.52 | -$515.01 | $369.93 | -$541.67 | $347.21 |
Avg. Year-Over-Year Change (%) | 1.6% | −1.3% | −14.3% | 10.3% | −15.1% | 9.7% |
Issuer/Plan Type | ||||||
Counties with No Change (%) | 99.1% | 25.1% | 88.3% | 36.8% | 36.2% | 5.1% |