What Your Millennial Child Should Know About Health Insurance : forbes

as informed in forbes

What Your Millennial Child Should Know About Health Insurance

What Your Millennial Child Should Know About Health Insurance




besides businesswire

Survey of Consumer Health Insurance Literacy Reveals Less Than Half of Americans Understand How Their Plan Works

Survey of Consumer Health Insurance Literacy Reveals Less Than Half of Americans Understand How Their Plan Works

NEW YORK--(BUSINESS WIRE)--PolicyGenius, a multi-product digital insurance platform, recently surveyed more than 2,000 nationwide health insurance consumers in partnership with Radius Research.The survey uncovered the health insurance literacy levels of consumers who are shopping for health insurance during the 2017 open enrollment season, including their overall confidence level and understanding of insurance terminology and plans.The survey found a 25% gap between consumers' perceived and actual knowledge of these key health insurance terms: "deductible", "co-pay", "coinsurance" and "out-of-pocket maximum."To address this health insurance literacy problem, and help consumers apply that knowledge in their coverage decisions, PolicyGenius is launching its new health insurance app.


in like manner kff

2017 Premium Changes and Insurer Participation in the Affordable Care Act's Health Insurance Marketplaces

2017 Premium Changes and Insurer Participation in the Affordable Care Act's Health Insurance Marketplaces

2017 Premium Changes and Insurer Participation in the Affordable Care Act's Health Insurance MarketplacesHealth insurance premiums on the Affordable Care Act's marketplaces (also called exchanges) are expected to increase faster in 2017 than in previous years due to a combination of factors, including substantial losses experienced by many insurers in this market and the phasing out of the ACA's reinsurance program.We analyzed 2017 premiums and insurer participation made available through Healthcare.gov on October 24, 2017, as well as data collected from states that run their own exchange websites.Changes in the Second-Lowest Silver PremiumThe second-lowest silver plan is one of the most popular plan choices on the marketplace and is also the benchmark that is used to determine the amount of financial assistance individuals and families receive.


in the same way nytimes

Is High-Deductible Health Insurance Worth the Risk?

Is High-Deductible Health Insurance Worth the Risk?

There is no doubt that these plans can be a source of real financial hardship and poor medical decisions.They can lead to several thousands of dollars of out-of-pocket costs, and the higher burden on working families has been a theme sounded by both Democrats and Republicans in this election season.Advertisement Continue reading the main storyYet even people with a steady flow of medical bills have decided that the potential savings are worth the risk.


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SMART USE Health Insurance

SMART USE Health Insurance

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