CMS Allows Higher Out-of-Pocket Costs Until 2015
An Affordable Care Act rule that sets a maximum annual limit for consumers' out-of-pocket health care costs is being delayed for certain health insurers. The ACA caps out-of-pocket expenses at about $6,350 for an individual and $12,700 for a family beginning in 2014. However, CMS now is allowing health plans with more than one benefits administrator to delay combining their tallies to calculate out-of-pocket costs until 2015.
- "Federal Rule Allows Higher Out-of-Pocket Spending for One Year" (Andrews, Kaiser Health News, 6/11).