December 2014 Health Care Reform

December 2014 Health Care Reform

by Clarke & Company Benefits Posted on: December 2, 2014Categories: HR & Compliance   

On Nov. 21, 2014, the Department of Health and Human Services (HHS) released its 2016 Notice of Benefit and Payment Parameters Proposed Rule. The proposed rule describes benefit and payment parameters applicable to the 2016 benefit year, including standards relating to the:

• Reinsurance program’s annual contribution rate;
• Open enrollment period for 2016; and
• Annual limitations on cost-sharing.

HHS may make changes to the proposed rule before finalizing it. However, the proposed rule is a good indicator of the benefit and payment parameters that HHS may adopt for 2016.

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