Thursday, September 4, 2014

42% of Americans Can Not Explain This Simple Health Insurance Term

November’s healthcare open enrollment period is less than three months away, but many Americans are still woefully ignorant when it comes to healthcare. Roughly 42% of Americans—including those with earnings near the federal poverty line, who stand to gain the most from health reform—are unable to explain what a deductible is.

Another 62% don’t understand the difference between an HMO and a PPO, and a full 37% of people are unaware there is a penalty for not having health insurance.



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