News from Businessweek:

A 30-year-old New York City resident can buy coverage from Health Republic, a startup nonprofit insurer, for $ 307 per month. A similar policy from Aetna (AET) costs $ 528 per month—71 percent more. Both are “bronze”-level plans with $ 3,000 deductibles and similar cost-sharing rules. Why are the price tags so far apart?

Health Republic is one of 23 “consumer operated and oriented plans,” or co-ops, created through the Affordable Care Act via $ 2 billion in low-interest federal loans. To some big insurance carriers, premiums such as……….. continues on Businessweek.

Continue Reading …


Related News: