Lower Monthly Premiums for Narrow-Network Plans

This article originally appeared here.
Share this content:
Lower Monthly Premiums for Narrow-Network Plans
Lower Monthly Premiums for Narrow-Network Plans

MONDAY, Oct. 17, 2016 (HealthDay News) -- Narrow-network health insurance plans have lower monthly premiums than larger-network plans, according to a study published in the October issue of Health Affairs.

Daniel Polsky, Ph.D., from the University of Pennsylvania in Philadelphia, and colleagues estimated the correlation between provider network breadth and plan premiums. They used data from all silver plans offered in 2014 health insurance exchanges in the 50 states and the District of Columbia.

The researchers found that for plans of otherwise equivalent design within a market, after they controlled for issuer-specific pricing strategy, the monthly premium was 6.7 percent less expensive for a plan with an extra-small network than for a plan with a large network.

"Our findings confirming lower premiums for narrow-network plans have important policy implications for the successful implementation of narrow networks in the health insurance Marketplaces," the authors write. "The lower premiums from narrow networks help reduce the number of uninsured people and reduce the cost of achieving that policy objective."

Abstract
Full Text (subscription or payment may be required)

Share this content:

is free, fast, and customized just for you!

Already a member?

Sign In Now »


Sign up for myCME e-newsletters


Drug Lookup

Browse drugs by: BrandGenericDisease

Trending Activities

All Professions

More in Home

Multidrug-Resistant Bacteria Found in Hospital Sinks

Multidrug-Resistant Bacteria Found in Hospital Sinks

Drug-resistant bacteria can colonize in drains, spread to sinks, and eventually reach patients

AAP Addresses Rising Risks to Youth From New Marijuana Laws

AAP Addresses Rising Risks to Youth From New ...

Legalization in many states may lead parents, children to think the drug is benign

AAP Offers Guidance for Treating Victims of Sexual Assault

AAP Offers Guidance for Treating Victims of Sexual ...

Physicians need to be comfortable screening for it, offering additional help if needed

is free, fast, and customized just for you!

Already a member?

Sign In Now »