Table 3.
Monthly plan premiums in the hypothetical and real markets (in dollars)
Hypothetical market (set by design) | Basic | Enhanced | Premium | ||
---|---|---|---|---|---|
First choice | Fixed premium | 30.79 | 37.68 | 50.33 | |
Second and third choice | Lowest premium | 15.39 | 18.94 | 25.16 | |
Highest premium | 40.02 | 49.25 | 65.43 | ||
| |||||
Real market | Basic | Enhanced | Generics | Generics & brand | |
| |||||
All available plans (market average) | 30.75 | 37.92 | 48.13 | 61.88 | |
Plans chosen by RPS respondents (sample average) | 17.00 | 26.60 | 46.10 | 60.80 |