Americans Aren’t Shopping Around for Health Insurance Plans

A growing number of Americans have high deductible health insurance plans – meaning they have to spring for the first few thousand dollars of care before insurance coverage kicks in. A new study suggests that despite a rise in these types of plans, most Americans aren’t shopping around for better prices.

The study used data from a national poll to examine the behavior of more than 1600 adults under the age of 65 who had high deductible health plans.

More than 40 percent of American adults have a high deductible plan, according to the Centers for Disease Control and Prevention. These plans require individuals to pay at least the first $1,300 out of pocket. And for families – they have to pay $2,600 upfront before insurance kicks in…

Read full story at West Virginia Public Broadcasting

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