What number should we show? One suggestion is the COBRA amount, or maybe a per capita amount? COBRA is an average for all individuals in that option. Wouldn’t a more accurate number reflect more variables, age, location, etc.?
Obviously, the value received by any one individual does not equal the funding/premium – so, if improving understanding of the value of coverage is the goal, if we are trying to change behavior based on that information, perhaps we should show claims and administrative expenses – how about a rolling average over multiple years?
