Senate Proposes Legislation Requiring Health Insurance Premium Disclosure

The Senate proposed legislation that would require employers to disclose the amount of money they spend on premiums for job-based health plans. According to the Kaiser Family Foundation, this bill would help consumers become more aware of their health spending and make more informed decisions about their coverage. If you knew exactly how much of your paycheck was going towards health insurance, would it change the plan you choose?

The Senate is accepting public comments on this bill at disclosure@finance-rep.senate.gov.