Sentence examples for benchmark plan from inspiring English sources

States can still change or choose a benchmark plan, but they are running out of time.

Other states delayed choosing a benchmark plan on the grounds that the Obama administration had not provided enough guidance.

Minimum benefits will vary from state to state, as each state will have a benchmark plan, reflecting coverage typically offered by employers.

For a benchmark plan — the second-lowest-cost "silver plan," covering 70 percent of projected medical costs for a typical consumer — the average premium nationally will be $328 a month for individuals, the administration said in a new report.

The plans offered in the marketplaces must cover a minimum number of drugs in every treatment category, with the exact count set by a representative commercial plan, known as a benchmark plan, that is designated in each state.

Under the program, the federal government pays for the full cost of the premium — beyond the enrollee's contribution — for the second-lowest-cost silver plan in a specific area, considered the "benchmark" plan.

States will most likely be able to change their benchmark plans after 2015.

Large firms typically hire benefits consultants every few years to benchmark plans against similar ones.

Currently, of the 51 state health exchanges operating under the Affordable Care Act, only 23 include benchmark plans that cover bariatric surgery coverage.

Statewide average premiums for benchmark plans tell part of the story.

The average unsubsidized monthly premium for benchmark plans is $405 ,down from $412 in 2018.