California First State to Standardize Health Plan Copays, Deductibles
standards (pdf) for what health insurers can charge in copays and deductibles in order to be classified as bronze, silver, gold or platinum plans outlined in President Obama's landmark health law.
Bronze plans, intended to have the lowest premiums of the four metals, may charge members up to a $5,000 deductible each year. Silver plan members could pay as much as a $2,000 deductible, and gold and platinum plans may not charge a deductible under the state's rule. Copays are also reduced as they move up the metal hierarchy.
More Articles on Health Plans:Wisconsin's Scott Walker Turns Down Full Medicaid Expansion
Catholic Trade Group, Bishops Differ on Contraception Changes
South Dakota Bill Would Allow Providers to Treat Patients Enrolled in Any Health Plan
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
New From Becker's Hospital CFO