The Clock is Ticking and the Public is Confused – Insurancenewsnet, May 2013
Enrollment under the health-care exchanges is scheduled to begin on Oct. 1, and surveys show the public is still scratching their heads about how the whole thing will work.
A recent HealthPocket consumer survey indicated most people don’t know the difference between a Bronze health plan and a Platinum health plan. Only 4 percent of those polled correctly answered that the differnce between the plans is the percentage of medical costs paid by insurance.
Meanwhile, a recent survey by InsuranceQuotes.com revealed that 90 percent of Americans don’t know when the health exchanges will open for business. Only about half of those surveyed knew that health plans must limit the total amount of money that patients have to pay out of pocket each year and that health plans cannot place limits on the total dollar value of benefits that patients receive.
In total, 39 percent of Americans said they are somewhat knowledgeable about the Affordable Care Act. Twenty-eight percent said they are not too knowledgeable, 21 percent said they are not at all knowledgeable and only 10 percent said they are very knowledgeable.