Similar to the Nutrition Labeling and Education Act NLEA of 1990 and similar to the Truth in Lending Act of 1968, I propose a law which requires insurance companies, regardless of whether they participate in the U.S. Government Health Exchange, to easily provide a Truth in Insurance Statement.
This statement would require a standardized format, and use industry specific metrics such as
1. Monthly Premium
2. Copay
3. Annual Limits
4. Lifetime Caps
5. Catastrophic Event Limits
etc.