1 in 3 Health Plans Must Improve Out-of-Pocket Costs
State-by-state analysis shows many health insurers have some work to do in transparency and reducing out-of-pocket expenses before the Affordable Care Act provisions take effect in 2014.
Under ACA provisions, taking effect in 2014, health insurers will be required to offer plans that fit within four levels of coverage: Bronze, Silver, Gold and Platinum. The ACA plans would cap current out-of-pocket costs for consumers to
HealthPocket also analyzed location of these health plans and found that insurance coverage is inconsistent depending on where plans are sold. “The Affordable Care Act’s limit on out-of-pocket costs will have a highly regional impact, with consumers in states such as
While the national average—$6,019 for all plans —is below the Bronze Plan average, state averages varied from
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