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Some of California's top insurers including Kaiser Permanente are protesting the state's plans to drop quality ratings from insurance listings when its exchange goes public on Oct. 1.
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A University of Texas academic has concluded after pouring over Kaiser Permanente's proposed rates for its exchange offerings in California that the high rate on its lowest-cost health insurance plan is not due to the plan's generosity.
Comparing Kaiser's proposed “bronze” offering to its existing plans for healthy young adults, the researcher wrote on The Incidental Economist blog that the new premium, at $205 a month, will be more than double the old premium. Yet the benefits and available provider network (they both used Kaiser) will be essentially the same.
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