Tag: Simple Choice

Tackling “Analysis Paralysis”: New Federal Proposal Would Bring Standardized Benefit Design Back to the Federally Facilitated Marketplace

The Affordable Care Act’s health insurance marketplaces and consumer protections significantly improved the experience of purchasing individual health insurance, but consumers still face the difficult task of comparing a potentially overwhelming number of complicated benefit and network designs. A proposal in the Notice of Benefits and Payment Parameters for 2023 may improve this situation. Karen Davenport takes a look at the possible return of standardized plans to the federal marketplace, and what this change might mean for consumers.

Simple Choice Plans Debut on Healthcare.Gov

Simple Choice plans, standardized benefit designs with fixed cost-sharing amounts and pre-deductible services, are new this year on Healthcare.gov. These types of plans can help consumers make “apples-to-apples” comparisons, but the the availability of such plans depends on insurer participation and local markets. Emily Curran and others here at CHIR take a look at the availability of Simple Choice plans on Healthcare.gov and find it’s a mixed bag.

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.