News: How poor reporting becomes propaganda
Reporters and statistics rarely work well together: In 2018, the average premium on the exchange was $5,798.83 and for 2019, companies are proposing to sell products with an average premium of $6,274.08. Source: 2019 insurance on the Obamacare exchange in Ohio will increase | cleveland.comAn average provides useful information about a random distribution – ACA premiums are not a random distribution. ACA premiums are a non-linear distribution. When prices are across a non-linear curve, the average tells us little about…