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Annual Dollar Limits
- Posted on July 6, 2010
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Long Island CPA Firm Offering Tax and Financial Advice
There is a phase out of annual dollar expenditure limits on health plans over the next three years until 2014 when the Affordable Care Act bans them for most plans. Thus, plans issued or renewed beginning September 23, 2010 will be allowed to set annual limits no lower than the amounts shown in the following table:
If you have additional questions, please give this office a call.
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