If you’ve ever been confused on how many doctors are in a specific plan’s network, you’re not alone. The Obama administration is responding to consumer frustration by announcing they will rank health insurance plans on how many doctors and hospitals they include in their networks. These new labels will show up next to the plan on HealthCare.gov and are meant to help consumers understand what they are buying into before they commit to the plan.
Narrow network plans are meant to provide a low cost alternative for people who do not travel or see the doctor very often. Consumers often pick these plans without reading the fine print or determining if their doctor is a participant in the narrowed network.