Personal Finance

August 13, 2013 10:28 AM

Limit on consumer costs is delayed in health care law

The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them in 2014 to set higher limits, or no limit at all on some costs.

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