(Image: crystaljingsr under CC 3.0)
The health insurance reform bill includes several provisions intended to increase consumer protections. One of those is an official federal government website set to launch soon. Secretary of Health and Human Services Kathleen Sebelius is tasked with its launch.
What will the new Website contain? According to the legislation, it must include:
- a comparison of affordable health insurance premiums
- information about co-payments
- medical loss ratios: the percentage of premiums paid that go towards actual health care, as opposed to profit or administrative costs
The site is set to launch in July. We’ll keep you posted!