Leavitt Partners September 27, 2018
Today, Leavitt Partners released “Evaluating the Performance of State Individual Markets Using the Individual Market Effectiveness Index,” a white paper that provides a more evidence-based approach for evaluating the performance of each state’s individual market. Since the Affordable Care Act’s passage, health care stakeholders, politicians, and consumers have scrutinized the performance of the individual insurance market. Leavitt Partners’ individual market effectiveness index (IMEI) enhances that analysis by providing more nuance and transparency into the individual insurance market in each state.
The IMEI is comprised of six measures that represent how well the market is serving both consumers and insurance carriers:
- Consumer-focused measures: premium cost, premium increases, and payer competition
- Insurance carrier-focused measures: medical loss ratio and per enrollee cost...
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