Time is short to prepare for the Obamacare metal plans
Millions of consumers will be faced with a choice to enroll in one of four different Obamacare “metal plans,” on Oct. 1. The metal plans are new categories of health insurance - nicknamed “metal” because each plan is named after a metal - created by the Affordable Care Act, a.k.a. Obamacare.
Many consumers have little idea what these health plans offer in terms of benefits. A recent 2013 HealthPocket poll found only 4 percent of survey respondents correctly identified the basis by which these new metal plans will differ from one another. Given that failure to enroll in a plan could have financial consequences, it’s important for consumers to learn the basics about the metal plans.
What are the plans?
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