Wednesday, November 2, 2011

New Requirements for Health Insurers

Did you know that by March 2012 the Department of Health and Human Services will require that all health insurers provide easy-to-understand information that clearly states the plan's annual premium, dedictible, exclusions and other costs?  This is to help consumers wade through all the confusing definitions, rules and exclusions so they can make effective decisions when choosing health insurance.   When in doubt, always verify any information that is confusing or you may not understand with your Human Resouces Manager and/or your insurance broker.