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.
News & Announcements
Affordable Care Act Update
Published Thursday, July 30, 2020