Understanding health insurance and your options will get easier, thanks to a little known measure of the Affordable Care Act (ACA). Starting in 2012, health insurance companies and employers must provide information in a way that is clear and easy to understand.
“This may seem like a small thing,” says Dr. Karen Edison, director of the Center for Health Policy at the University of Missouri. “But being able to read an insurance form and know what’s actually covered is critical to making good health care decisions for you and your family. Until now, much of the information that has been provided has been very hard to understand.”
Clear summaries of coverage for treating cancer or managing diabetes and other health conditions will help you better understand what your health care plan actually covers, as well as make apples-to-apples comparisons among several plans. Being able to compare plans will help you and your employer find the best plan for your health needs and budget.”….
- 2.5 Million Young Adults Gain Health Insurance Due to the Affordable Care Act (bespacific.com)
- The Recession and Health Insurance (medicalinsuranceinfo.typepad.com)
- What You Don’t Know About Health Insurance May Cost You (dailyfinance.com)
- Letter: Universal Health Mandate (nytimes.com)
- New Data: Thanks to Health Reform, 2.5 Million More Young Adults Have Health Insurance (whitehouse.gov)