2020 out of pocket maximums for in-network
Posted on: 7/24/2019 10:29 AM
Each year, the Department of Health and Human Services (HHS) releases updated Notice of Benefit Payment Parameter (NBPP) Rules. The NBPP for 2020 increases the in-network out of pocket maximum to the following:
$8,150 for self-only coverage
$16,300 for other than self-coverage
Lifetime Benefit Solutions, Inc. is not a law firm, has not reviewed that information for legal sufficiency, and does not give legal or tax advice. The sponsoring employer should have this information reviewed by its own legal counsel for compliance with ERISA, tax requirements, and other applicable laws and regulations.