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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (749075)10/24/2013 8:16:12 AM
From: Brumar891 Recommendation

Recommended By
TideGlider

   of 1575708
 
CBS News: Website lowballs everyone's premiums

..... But as CBS News reported this morning, Health Care dot gov’s new price-quote option — designed to let you see a price before entering all of your personal information — is low-balling everyone’s premiums. If you’re 49 or under, it quotes you a rate for a 27-year-old. If you’re between 50 and 64, it quotes you a rate for a 50-year-old. The result is that the site will always lowball your price unless you are exactly 50 years old, by somewhere in the range of 50 to 80 percent.

In contrast, eHealthInsurance.com actually takes your age and zip code up front and gives you an honest price quote. If anyone in the private sector did what HealthCare.gov is doing now, I suspect they’d face legal action.

I’m going to post something a bit later about the real prices — the ones you get if you download all the data for every county in states using this website. But of course, it’s possible those prices (sky-high in my hometown of South Bend, Ind.) are also being low-balled, with “family” plans possibly varying based on parents’ ages.

conservativeintel.com
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