An auto-enrollment feature could help insurance plan enrollees who otherwise would drop out of coverage, primarily due to the “hassle cost.”

A new study from Harvard University suggests that for some health insurance enrollees, the hassle of paying premiums is a barrier to maintaining health insurance—and explores an option that could keep them insured when traditional practices would have resulted in their termination from a policy.

The paper, entitled, “Can Automatic Retention Improve Health Insurance Outcomes?” looked at data from the pre-Affordable Care Act (ACA) state insurance market in Massachusetts. The paper explored the idea that for some markets, even low-cost options can lose enrollees who find the challenges of choosing plans or making payments to be a barrier to remaining insured.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.