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March 20, 2014

HHS Releases 2015 Notice of Benefit and Payment Parameters Final Rule

In its 2015 Notice of Benefit and Payment Parameters Final Rule, HHS announced cost-sharing limits for 2015 that are lower than previously indicated. Specifically, the annual deductible limit for 2015 will be $2,050 for Single and $4,100 for Family; out-of-pocket maximums will be $6,600 for Single and $13,200 for Family.

The final rule also sets forth payment parameters and oversight provisions related to the risk adjustment, reinsurance, and risk corridors programs, provides additional standards with respect to privacy and security of personally identifiable information, and clarifies the annual open enrollment period for 2015, among other factors. Click the above link to view the final rule as published in its entirety in the Federal Register.