Analysts at Avalere Health have quantified something brokers have been saying for months: the exchange plan out-of-pocket maximums are high.
The Patient Protection and Affordable Care Act is supposed to cap exposure to deductibles, co-payments and coinsurance payments for all insureds, and to provide subsidies to help further reduce exposure for insureds with incomes of 100 percent to 250 percent of the federal poverty level.
PPACA supporters in the Obama administration elsewhere note PPACA is the first national law that puts limits of any kind on out-of-pocket costs.
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
