Rules would require clear health insurance info

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Insurers would have to provide cost information to consumers who requested it before they bought health insurance, according to the Department of Health and Human Services. The proposed changes are part of the new federal health care law.

"It's providing better information upfront," says Sandy Praeger, Kansas insurance commissioner. "This will be really important when the exchanges come out if you want to make side-by-side comparisons."

The regulations would require insurance companies to present information in a standardized format. One section answers questions — for example, "What is the premium?" or "What is the deductible?" — with the price and an explanation of the term.

http://www.usatoday.com/money/industries/insurance/2011-08-17-health-insurance-rules_n.htm