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Obamacare Enrollments Show Consumers Shun Cheapest Health Plans
Bloomberg Businessweek Link to more items from this source
Feb. 20, 2014
"Only 19 percent of enrollees chose the coverage with the cheapest premiums, called bronze, while 7 percent picked the most expensive ... Mid-level silver plans drew 62 percent.... Bronze plans cover only 60 percent of costs, making consumers liable for maximum deductibles of $6,000 a person in medical care.... For a family on a silver plan with an income at 150 percent of the federal poverty level, the cost-sharing assistance reduces a $12,700 annual out-of-pocket maximum to $4,500, and for an individual, from $6,350 to $2,250[.]"

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