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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (732378)8/13/2013 8:05:10 AM
From: FJB1 Recommendation

Recommended By
joseffy

   of 1578136
 
Insurers need not set limits on out-of-pocket expenses...

WASHINGTON — In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care.
The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all on some costs, in 2014.
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