Implications of Narrow Networks and the Tradeoff between Price and Choice

With the proliferation of narrow network plans on the new marketplaces, consumers are being steered to plans that offer lower prices but limited choice. Insurers may offer narrow network plans to attract price-sensitive consumers who are willing to tradeoff network breadth for less costly premiums. Yet, anecdotal evidence suggests that the resulting provider networks may be narrower than expected, leaving consumers vulnerable to the financial burden of out-of-network care. This free webinar on May 19 at 1:00 p.m. EDT will address the potential policy responses to the growth of narrow network plans and will identify where more evidence is needed to inform researchers and decision makers.