According to a new report from Families USA, employees will have a better understanding of their benefits once the new summary of benefits and coverage requirements are implemented in September.
The report suggests that when employees better understand their benefits, they make wiser consumer decisions and are smarter when it comes to benefits usage.
"Without a clear understanding of what a policy covers, consumers may delay or forgo care, make wrong choices about treatments, and even end up with unexpected health care bills," says Ron Pollack, executive director of Families USA. "When comparisons and choices are stated in plain language, families will know what benefits are provided and will be able to make coverage choices based on their needs as well as the costs they will incur."
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