By Justin Giovannelli and Kevin Lucia
Recent actions by Congress and the Trump administration are making it harder for consumers to enroll in ACA marketplace coverage. As a result, insurance products that don’t comply with the ACA — such as short-term plans, health care sharing ministries, fixed indemnity insurance, and medically underwritten coverage offered by Farm Bureaus — are likely to become more prevalent. While these products may have lower up-front costs, they lack important consumer protections.
In a new explainer for the Commonwealth Fund, Justin Giovannelli and Kevin Lucia describe how these products differ from ACA-compliant coverage and the financial risks consumers may face when they sign up.
You can read the full post here.