According to a new Bankrate survey, the “majority of last year’s Obamacare customers aren’t planning to purchase their coverage again in 2015.” The Daily Caller,
Fifty-one percent of respondents in a survey of last year’s Obamacare exchange customers don’t plan to purchase an exchange plan this year, according to a Bankrate Health Insurance Pulse survey out Monday. Those who earn less and receive higher premium subsidies were more likely to renew their plans. Fifty-three percent of those who earn less than $30,000 a year said they’d return to the exchanges, while just 35 percent of those making $75,000 or more expect to return.
Higher premiums are keeping most customers away. Forty-three percent said higher insurance rates are their biggest concern about buying Obamacare coverage again; just one in five said they’re most afraid of a repeat of last year’s website glitches and error messages.
“Fifty-three percent of those who earn less than $30,000 a year said they’d return to the exchanges…”
Given the enthusiasm at this site for workers to earn less than $15/hour, having insurance available to those workers must be a good thing, correct?