NU Online News Service
Critical first steps in implementing the healthcare reform law go into effect Sept. 23, and a flurry of new proposals, guidance and directives regarding the law are being issued by federal agencies.
The new rules, effective for plans that go into effect Jan. 1, 2011, bar lifetime limits on essential benefits. This provision applies to all plans.
Annual limits will be phased out through 2014 for all plans, except grandfathered individual plans, according to officials at the National Association of Insurance and Financial Advisors and the National Association of Insurance Commissioners.
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