Pocket Maximums News Today

The IRS has announced increased annual limits for retirement and other benefit plans for 2024. While the increases for 2024 are smaller than we’ve seen in prior years, they still may...

Started talking instead of repeal and replace, which i thought was impossible before the implementation, and once implemented the strategy is what we had to do was first repair the damage and transition to something that works, and theres a lot of damage to be repaired to obamacare in wisconsin, and individuals on the individual market have seen their premiums double and triple and out of pocket maximums doubled and tripled, and subsidiz subsidized -- >> we talk about it, but -- you are dealing ...

Down. lets take another example we found in the state of illinois, stephen curry is a benefits analyst, hes also a financial planner. he got notification that his current health care plan -- which is a good one, very comprehensive one -- is going to be canceled. his current out--pocket maximums are $3,000. above $3,000 the insurance pays for all the expenses. to keep his premium within the current ballpark when he goes out to find a new plan, those maximums are going to rise to $12,000. and he s...

What else does this survey tell us? >> reporter: this is the national business group on health which surveyed 70-something large businesses to see what they are prepared to do in the face of cost increases. healthcare costs continue to increase and companies are look at all sorts of strategies including shifting their plans and asking employees to pay a larger share of the cost. in fact 57% of the employers say they are employees are already paying a higher portion of their premiums this year an...