ACA Out-Of-Pocket Caps Waived Until 2015

The Affordable Care Act (ACA) hit another speed-bump before numerous mandates rollout October 1, 2014. Caps on out-of-pocket insurance costs such as co-pays and deductibles will be delayed until 2015. According to Forbes, the limits on out-of-pocket costs for 2014 were supposed to be $2,000 for individual policies and $4,000 for family policies. As a result of the delay, consumers may end up paying more out-of-pocket expenses for doctors’ services, hospital care and prescription medications.

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