Summary of Provisions of HHS’ Proposed 2025 Notice of Benefit and Payment Parameters and Other Key Regulations
On November 15, 2023, the Department of Health and Human Services (HHS) released the proposed Notice of Benefit and Payment Parameters (Payment Notice) for 2025. The notice includes important proposed rules and parameters for the operation of the individual and small group health insurance markets in 2025 and beyond. This paper summarizes key provisions of the proposed notice, actuarial value calculator, and maximum out of pocket information recently released by HHS
Summary of Provisions of HHS’ Proposed 2025 Notice of Benefit and Payment Parameters and Other Key Regulations
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