No cheap option on insurance exchange

Catastrophic health policies are intended to attract young consumers to the Obamacare health insurance exchanges by offering cheap coverage, but the plans offered in Cook County and 12 other counties in Illinois don't charge the lowest premiums, according to a Crain's analysis.

Four states, including Texas and Florida, also offer catastrophic plans that aren't the lowest-cost alternative, according to an analysis of more than 2,700 plans offered in 36 states where the federal government is running the exchanges. Andrew L. Wang at Crain's has the story.