Wednesday, July 27, 2016

2017 Plan Maximum Out of Pocket Updates For Obamacare

By Coleen Elkins       24-7 Health Insurance

The Center for Medicare and Medicaid services sets the annual out-of-pocket limits for individual medical plans under The Affordable Care also know as Obamacare.

For 2016 the individual out of pocket limit was set at $6,850.00.

New out of pockets are set for 2017 at $7,150.00 per individual and $14,300 per family. Couple this with rate increase of 30 to 65 percent monthly depending on your health insurance carrier and plan it may seem not so "affordable".

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