HHS has announced the final regulations regarding the information that health insurers must provide to consumers to explain their health plan.
The labels will simplify the now-complex legalese and fine print associated with health plan benefit summaries. All health plans must follow the same guideline so that plan benefits will be much easier to understand and easier to compare.
I believe that unified plan summaries in this format are a great thing and will help people better understand exactly how their health insurance plan will work for them.
This standardized form will be available in September, 2012.
Here is an article with benefit summary samples.
Dave
www.an-insurance.com
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