by Tom aka Rusty Rustbelt
Health Care Thoughts: Obamacare Updates
Latest news on Obamacare:
Narrow Networks – Some customers of the new insurance exchanges may be surprised at the “narrow network” included in their insurance coverage.
Narrow networks have a limited list of approved provider and will likely make out-of-network treatment difficult if not impossible.
This is just now hitting the news, a few days before the exchanges begin operations.
Private Exchanges – The concept of health insurance exchanges is being adopted by employers looking for cheaper coverage and fewer hassles, putting employees into private exchanges managed by various consultants and facilitators.
It is too early to judge the scope of this innovation, but it could become a very large factor in employer provided health insurance.
(Dan here…My own thoughts in comments)