Have questions about your health plan? Soon all you’ll have to do is check a label.
The Affordable Care Act requires that health insurance providers make “coverage facts labels” available so that consumers can clearly understand what they’re getting with their health plan. It will have pricing information to compare health insurance policies.
But it’s not as simple as your typical label—the health insurance label will be at least two pages long. A new summary of benefits form, which insurers will use to explain what services their policies cover, is also required.
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