News & Announcements

Affordable Care Act Update

Published Thursday, July 30, 2020



The Department of Health and Human Services issued a final rule, effective July 13, providing guidance on various Affordable Care Act provisions, including setting the 2021 premium adjustment percentage, which effects the maximum annual out-of-pocket ("OOP") limitation on cost sharing.  OOP maximums will be $8,550 for self-only coverage and $17,100 for other than self-only coverage, which is approximately 4.9% higher than 2020.  A Fact Sheet summarizing the rule is available here.

Tags:ACA

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