Consumers who think they might be scoring a cheap health plan under PPACA might be in for a rude awakening, as new analysis shows those who chose the cheapest health plans will be hit with higher out-of-pocket costs.
New analysis of early health insurance rate filings from HealthPocket finds that PPACA's bronze plans— the least expensive plans under the law — have higher out-of-pocket costs for consumers compared to plans in the individual and family insurance market right now.
While most states have yet to publish their rates, "bronze plan" filings from California, Connecticut, Ohio, Oregon, Rhode Island, Vermont, and Washington indicate that for these entry-level plans, consumers could pay more in deductibles, copayments and coinsurance for their medical services than they do now, researchers said.
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