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2018 Cost Sharing Limits Released

Dec 23, 2016

HR360, Inc.

December 21, 2016​

HHS Issues Final Notice of Benefit and Payment Parameters for 2018 

​final Notice of Benefit and Payment Parameters from the U.S. Department of Health and Human Services (HHS) addresses, among other things, the requirement under the Affordable Care Act that non-grandfathered group health plans limit annual out-of-pocket cost-sharing for coverage of ​essential health benefits under the plan. The law requires that these limits be updated annually. 

HHS updated the annual limits based on the premium adjustment percentage for 2018. As a result, annual out-of-pocket expenses may not exceed $7,350 for self-only coverage or $14,700 for family coverage in 2018

For other employer requirements, please visit ​Health Care Reform.

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