Tag: sbc

Shining a Light on Health Insurance: Senate Commerce Committee Examines Progress, Challenges

Health insurance is a complicated product that consumers have difficulty understanding, a common theme throughout Wednesday’s Senate Commerce Committee hearing on “The Power of Transparency: Giving Consumers the Information They Need to Make Smart Choices in the Health Insurance Market.” Fortunately, new tools are already available to help consumers shop for and compare coverage, and more will become available as Affordable Care Act implementation continues to roll out.

Summary of Benefits and Coverage: Helping Consumers Shop for Health Insurance

As of September 23, consumers will begin to receive a new summary of benefits and coverage form that describes what's covered by their insurance policy. Sabrina Corlette welcomes these new forms and discusses how they were developed as well as their potential to help tame the “wild west” of shopping for health insurance coverage.

The opinions expressed here are solely those of the individual blog post authors and do not represent the views of Georgetown University, the Center on Health Insurance Reforms, any organization that the author is affiliated with, or the opinions of any other author who publishes on this blog.