Purpose:
To minimize the out-of-pocket expenses an individual can incur for all covered services under a health plan during the year
Intent:
To make more health coverage available to a covered individual
Related Provision:
Maximum Deductible Limit
Health Plans Affected by this Provision:
Year Effective: |
2014 |
Medical Plan: |
Yes, unless plan is Grandfathered, a plan in effect and without significantly changed coverage or premium share since March 23, 2010 |
Dental/Vision Plan: |
No, if stand-alone benefit excepted from HIPAA’s portability provisions |
HRA: |
No, if stand-alone benefit excepted from HIPAA’s portability provisions |
Health Care FSA: |
Not applicable |
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