Sentence examples for benchmark plans from inspiring English sources
States will most likely be able to change their benchmark plans after 2015.
The American Health Care Act would remove the requirement that Medicaid benchmark plans provide essential health benefits, which include mental and behavioral health care and substance-use services.
Currently, of the 51 state health exchanges operating under the Affordable Care Act, only 23 include benchmark plans that cover bariatric surgery coverage.
The small increases in the cheapest silver plan and the decreases in benchmark plans are a sign the marketplace is working as intended, said MIT economist Jonathan Gruber, who helped design the marketplace structure in the Affordable Care Act.
Large firms typically hire benefits consultants every few years to benchmark plans against similar ones.
"In 2020, average premiums for benchmark plans for single individuals would be about 30percentt lower than under current law," said CBO.
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.
Their best guess for the average nationwide benchmark plan (meaning, the second-lowest-cost "silver" plan): $5,200 for single coverage.
Under the Affordable Care Act each state was asked to select a benchmark plan as its standard.
Minimum benefits will vary from state to state, as each state will have a benchmark plan, reflecting coverage typically offered by employers.
