McKinsey Survey Finds Vast Majority Paying Premiums

Modern Healthcare: “Roughly a quarter of individuals who purchased health plans through the state and federal exchanges were previously uninsured, according to the latest survey results from the McKinsey Center for U.S. Health System Reform.”

“87% of respondents who had enrolled in coverage indicated that they had made their first premium payments. That was up from 77% in the February poll and aligns with figures that some large insurance companies have released.”

“Roughly 60% of respondents who shopped for coverage but didn’t enroll in a plan cited affordability as the reason for not completing the transaction …. Ignorance about the availability of subsidies remained high for uninsured individuals. Two-thirds of those individuals who cited affordability as the primary reason why they did not enroll in a plan were unaware of the availability of premium subsidies.”

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