August 14, 2013
ACA Updates, Affordable Care Act, California Health Insurance, Health Care Reform, Health Coverage, Health Insurance
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The below article outlines the most recent updates to the Affordable Care Act.
Published August 13, 2013 by Legal Monitor Worldwide:
In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care.
The limit on out-of-pocket costs, including deductibles and copayments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all, in 2014.
To read the entire article, click here:?Limits on consumer costs in health care law delayed – Legal Monitor Worldwide