I'm looking at healthcare plants on healthcare.gov. Two of the plans seem to be basically the same thing except for the prices:
| Premium | Deductible | Out of Pocket Max | |
|---|---|---|---|
| Plan A | $89 | $700 | $2500 |
| Plan B | $110 | $2500 | $7900 |
My question is - why wouldn't everyone go with the cheaper one? I must be missing something because it doesn't make sense for them to be the same plan but one cost more money. Does it have something to do with taxes? Should I just go for the cheaper one?
I'm competing in a student competition (CFA Research Challenge) doing independent research. If (a) you have ever been an employee of Baxter International, or (b) you or your company have ever been a customer of Baxter International (or their competitors), your opinion would be appreciated! Our team is working on an equity valuation research report which will include a buy/hold/sell recommendation. As part of this task, we are analyzing the company, their financials, and any other factors that could affect their business and value. Independent research (including customer surveys) is encouraged as it will help support our story and financial models. If you or your company has ever worked with Baxter (or their competitors), your opinion would be tremendously helpful to our research and greatly appreciated. These surveys are put together in Qualtrics and nothing is required to submit the form(s). Therefore, if you run out of time, you can just submit because any feedback is appreciated.
Employee survey: https://niu.az1.qualtrics.com/jfe/form/SV_6tKTipNL9aYVpIN
Customer survey: https://niu.az1.qualtrics.com/jfe/form/SV_3yOAT4qKgdzR76Z
