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Obamacare Plans' Unexpected Sticker Shock

Alarming predictions that the premiums for individual health plans would skyrocket in the first year of Obamacare turned out to be largely unfounded. But the roughly 8 million people who bought insurance through the Affordable Care Act exchanges may suffer some sticker shock as they begin using their benefits.

That’s because many of the plans make consumers shoulder a lot of the costs of their medical care through deductibles, co-pays, and co-insurance—payments the newly insured may not have grasped when they signed up. Research suggests that most people don’t understand those terms.