Tuesday, March 25, 2014

USC Study: 42% of Americans Are Unable to Describe a Deductible

The results of a study by researchers at the USC Schaeffer Center for Health Policy and Economics and the USC Dornsife Center for Economic and Social Research illustrate the woeful inadequacy of America's basic health plan knowledge. 
  • 42% of Americans were unable to describe a deductible in late August and September 2013 when the survey was conducted, just weeks before exchanges opened to the public. 
  • 62% overall did not know a HMO plan had greater restrictions than a PPO. 
  • 37% of people did not know there was a penalty for not having health insurance. 
  • Half of Americans did not know about the Obamacare Exchanges. 
  • More than 20% had not even heard of Healthcare Reform when the survey was conducted.
SourceStone Hearth Newsletters and USC