Survey Shows Americans Lack Understanding Of Their Health Coverage And Basic Hea

For example: -- Only half of respondents were certain how much they paid for their monthly health insurance premiums (50 percent) or annual deductibles (45 percent) -- Less than a quarter of respondents (23 percent) reported that they were very sure of what the terminology used in their health insurance policy actually means -- Even basic terms proved difficult, with few respondents reporting an understanding of acronyms such as HMO (36 percent), PPO (20 percent) or HSA (11 percent) "It's clear Americans lack a basic understanding of health insurance terms, which may prevent them from selecting the health plan best suited to their individual needs," said Sam Gibbs, senior vice president of eHealth, Inc. "But as costs increase and responsibility for coverage shifts to the individual, these terms are becoming increasingly relevant to consumers' daily lives and their well-being." The nationwide telephone survey of 1,010 U.S. adults asked respondents to rate their understanding of health insurance terms and their own policy. Among the findings: ... http://www.marketwire.com/mw/release.do?id=806855

Note: http://www.marketwire.c...