Compliance News | May 17, 2021
Many ACA provisions contain numbers or percentages that are indexed to various measures of inflation.
The federal government announces new numbers throughout the year and in different publications. Segal puts them all in one place.
To help you stay on top of all of the ACA amounts you need to know for your group health plan, we’ve published a handy summary chart that we update whenever new numbers come out.
In May 2021, we updated the chart to include the 2022 out-of-pocket limits for non-grandfathered health plans. They will be $8,700 for individual coverage (up from $8,550 in 2021) and $17,400 for other coverage tiers (up from $17,100 in 2021).
Different — lower — limits apply to high-deductible health plans paired with health savings accounts. We also added those 2022 inflation-adjusted amounts for health savings accounts and high-deductible health plans, along with the minimum deductibles and maximum contribution limits.
We’ll update the ACA percentages and dollar amounts chart as new information comes out of the government.
Make sure you’re on top of the latest numbers, as well as other compliance news affecting group health plans: join our mailing list.Subscribe Now
This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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