Michigan insurer doubtful of net jump in plans sold

Michigan insurer doubtful of net jump in plans sold | The Detroit News:
"But she said a bigger concern is that young and healthy residents are balking at the cost of plans even if they qualify for tax subsidies.
“It’s still sticker shock,” Budden said. “The cost of insurance for individuals went up substantially.”
She said while tax credits are helping to bring down premiums, consumers can face deductibles of $2,000 and other out-of-pocket costs. The penalty for not having insurance in the first year is $95 or 1 percent of income, whichever is higher.
“Are those policies perceived as valuable?” Budden said, noting they also may come with narrower provider networks."