Abstract of the Week
Posted at 4 p.m. on July 26, 2013
At the request of Sen. Orrin Hatch (R-UT), the Government Accountability Office released a report breaking down the cost of private health insurance in the individual market by state and across various factors, including sex, smokers, age, marriage status, and more.
“You asked us to examine premium amounts that existed prior to the full implementation of the PPACA provisions. This report examines the range of base premiums for health insurance in the individual market that were displayed on the HealthCare.gov Plan Finder in the month of January 2013… We developed base premium ranges for each of the 50 states and the District of Columbia for different types of consumers. Our state-wide premium ranges do not represent the range of base premiums that would have been displayed for all individuals in the state, because individuals search the Plan Finder on the basis of their zip codes and insurers may have offered some plans only in specific regions of a state. We also developed premium ranges for an urban and a rural zip code in four select states—Illinois, Nevada, Pennsylvania, and Texas—to illustrate how base premiums can vary within randomly selected urban and rural locations. While we selected zip codes within each state randomly, states were selected on the basis of geographic location and included one state from each of the four census regions.”