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2017 Benefit and Payment Parameters Rule and HIP FAQ

Posted by: Danielle Capilla    Mar 24, 2016 11:00:00 AM

Health insurance lawsThe 2017 Benefit and Payment Parameters (BPP) rule, an annual rule that sets policies relating to the Patient Protection and Affordable Care Act (ACA), has been released by the Centers for Medicare and Medicaid Services (CMS). The 2017 rule contains numerous updates, including the annual open enrollment periods for the individual market, rating areas for small group health plans, guaranteed availability and renewability, broker and agent registration to assist consumers with applying for Exchange coverage, the employer notice system when its employees are determined to be eligible for a tax credit, and exemptions to the individual mandate. The rule also set cost sharing limits for 2017.

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Topics: ACA, PPACA, Affordable Care Act, HIP fee, Benefit and Payment Parameters Rule, Health Insurance Provider fee