understand health insurance Archives

Consumers to receive comprehensive health insurance information

September 27, 2012September 27, 2012 Marc

New regulation calls for clear and concise health insurance guides for consumers Beginning this week, U.S. health insurance companies are required to provide customers with user-friendly guides concerning the benefits they will receive through coverage. This is part of a provision of the Affordable Care Act, which aims to bring more transparency to the health insurance industry and provide consumers with the information they need to make educated choices concerning their health care. Employers offering health insurance benefits to workers are also required to provide use-friendly guides to policies. Benefits…

Aetna report shows that consumers are confused about insurance terms

December 2, 2011December 2, 2011 Marc

Aetna Inc. has released the results of a new consumer survey as open enrollment for employer-offered insurance plans comes to a close. The results of the survey show that more than half of insured adults in the U.S. find the terms of their insurance policies confusing. This presents a major problem for both insurers and consumers as these adults general tend to accept any terms they are given as they believe that any insurance coverage, even if it is not appropriate to their needs, is better than no coverage at…