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. 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.
Many media outlets are describing this another “a significant consumer protection in the law that limits how much people may have to spend on their own health care” The truth is most fully insured plans in Massachusetts that meet MCC are below these limits already. In fact I can not think of a plan that we well that exceeds these limits?
At the same time it shows us that this is simply not being handled in an organized manner and we only see more delays in the implementation of the ACA going forward.