February 07, 2020

Affordable Care Act Regulatory Update

On January 30, HHS released the proposed notice of benefit and payment parameters for 2021. While this important notice is directed at qualified health plans in the ACA marketplace, it contains proposals relevant to group health plans outside the ACA marketplace as well, specifically addressing proposed out of pocket limits and medical loss ratio changes for 2021. The public comment deadline on this notice is March 2, 2020.  Finally, on February 3, the ACA regulators issued ACA FAQ No. 41. This FAQ discusses the 2021 summary of benefit and coverage templates released in 2019.