Consumers who think they might be scoring acheap health plan under the Patient Protection and Affordable CareAct might be in for a rude awakening. Those who chose the cheapesthealth plans will be hit with higher out-of-pocket costs.
New analysis of early health insurance rate filings fromHealthPocket finds that PPACA's bronze plans—the least expensiveplans under the law—have higher out-of-pocket costs for consumerscompared to plans in the individual and family insurance marketright now.
While most states have yet to publish their rates, “bronze plan“filings from California, Connecticut, Ohio, Oregon, Rhode Island,Vermont and Washington indicate that for these entry-level plans,consumers could pay more in deductibles, copayments and coinsurancefor their medical services than they do now, researchers said.
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