Employee Benefit News for School, City and County Employers

2023 Out-of-Pocket Maximums

Written by AssuredPartners | Feb 25, 2022 4:40:59 PM

The Department of Health and Human Services (HHS) recently announced the proposed 2023 Benefit Parameters, outlining the maximum out-of-pocket (OOP) limits applicable to non-grandfathered plans for plan years beginning in 2023. Each year, these OOP maximums are adjusted for inflation. However, HHS has now promised to release the updated amounts "...by January of the year preceding the applicable benefit year..."

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Note: NIS is sharing this blog from our parent company, AssuredPartners, Inc.