Consumers Could Benefit from Changing the Benchmark for Marketplace Health Coverage

In a new issue brief, the Commonwealth Fund explores how changing the benchmark plan might affect consumers’ deductibles and out-of-pocket limits and how those costs would compare to those in employer health plans. The benchmark plan refers to the second lowest-cost silver plan in the marketplace in each area or in the individual/family insurance market to define essential health benefits within that state for individual/family and small group plans. According to the researchers, “Modest changes like these could encourage more people to get the care they need and keep them from incurring medical debt.” Read more here.