Final Regulations – 2020 Notice of Benefit and Payment Parameters

Apr 23, 2019

  1. Northeast Agent
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    Came from CIgna yesterday...

    Final Regulations – 2020 Notice of Benefit and Payment Parameters
    April 22, 2019

    On April 18, 2019, the Centers for Medicare and Medicaid Services (CMS) issued final regulations and related guidance on a number of Affordable Care Act (ACA) provisions and related health care topics including out-of-pocket (OOP) maximums, Essential Health Benefits (EHBs), the opioid epidemic, and Exchange updates and reforms. These regulations are generally effective for plan years beginning on and after Jan. 1, 2020.

    2020 OOP maximums
    The 2020 OOP maximums will increase to $8,150 for individual coverage and $16,300 for family coverage. These coverage limits apply to all non-grandfathered plans, regardless of size or funding type.
     
  2. russelltw
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    russelltw Guru

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    Yeah, next year I will have a $16,300 family deductible...
    I miss the days when I only had a $10k family deductible, but that only had a $700 premium. Next year, it will likely be $2,300+ per month....
    Healthshare and short term plans are looking better each year.
     
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