Summary of Provisions of HHS’ Proposed 2023 Notice of Benefit and Payment Parameters and Other Key Regulations

On December 28, 2021, the Department of Health and Human Services released the proposed Notice of Benefit and Payment Parameters for 2023 in the Federal Register. The notice includes important proposed rules and parameters for the operation of the individual and small group health insurance markets in 2023 and beyond. This paper summarizes key provisions of the proposed notice, actuarial value calculator, and maximum out-of-pocket information recently released by HHS.

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