Nicholas Pension Consultants
Nova 401(k) Associates
Compensation Strategies Group, Ltd.
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|Health Plans May Need to Change Out-of-Pocket Maximums to Comply with New Guidance|
Quarles & Brady LLP
June 4, 2015
"One adjustment that could be made to bring the plan into compliance is to retain the family deductible or out-of-pocket maximum of $8,000, but 'embed' individual out-of-pocket maximums that satisfy the new guidance. The plan could embed individual out-of-pocket maximums of $6,860 in 2016. HSA-compatible HDHPs cannot embed an individual deductible that is lower than the statutory minimum family deductible ($2,600 for 2015)."
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