Consumer Watch: How to chose the right health care plan

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by WHAS11

WHAS11.com

Posted on October 10, 2012 at 4:31 PM

(WHAS11) -- Open enrollment season is right around the corner, and with the new health care law it's a changing game.
 
Lets face it, open enrollment can be a tedious and intimidating task for many people. But this year, because of the 2010 health care law, choosing your health care coverage could be a lot less stressful. The key to managing the new health care law is knowing a few changes up front.
 
For example, comparing health care plans should be a lot simpler. Information packets will now include simple summaries of coverage costs. This allows you to not only compare your company's plans, but also your spouses' plans and individual policies.
 
Women's coverage is about to get better because of health care reform. Insurers must fully cover some preventive health benefits like annual wellness visits and contraceptive services. There are also more plans to choose from.

Many employers will be offering more than the basic choice of individual or full family coverage.  New options will include "employee plus spouse" or "employee plus children". 
 
But not everything is good. Flexible spending account allowances are shrinking. You'll now only be able to set aside $2,500, pre-tax, to cover health care costs. That is down from the current $5,000 limit.  
 
 

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