People. Progress. Results.

People who wanted market-driven health care now have it in the ACA

Posted by Matti Miranda on December 06, 2014 at 3:40 PM

Interesting look at the effects of the Affordable Care Act presented here; written for The Washington Post by Alice M. Rivlin, published on . 

Alice M. Rivlin is a senior fellow in the economic studies program at the Brookings Institution and director of the institution’s Engelberg Center for Health Care Reform.

As the Affordable Care Act moved into its second open enrollment period on Nov. 15, critics seized on the fact that some beneficiaries are in for unpleasant surprises. Some of those who enrolled last time will face higher premiums if they stay with their current plans. They will have to shop around on the exchange to find a plan with a lower price. When they return to the Web site, they are likely to find more plans to choose from than they did last year. More choices — how confusing!

When shoppers find a cheaper plan, they may find they have to pay more of their health-care bills out of their own pockets. The cheaper plan may also have a narrower network of providers. If they want to stick with a more expensive doctor or hospital, they might have to pay more. If they opt for the higher costs and are eligible for a federal subsidy, they will find that the subsidy will leave more of their premiums uncovered than it did last year.

Read the full story here: