
Benefit and Payment Parameters for 2023
On April 28, 2022, the Department of Health and Human Services (HHS) filed its final Notice of Benefit and Payment Parameters for 2023. This final rule describes benefit and payment parameters under the Affordable Care Act (ACA) that apply for the 2023 benefit year. Finalized standards in the rule include: • The individual mandate’s affordability exemption—The finalized 2023 required contribution percentage is 8.17%. • Standardized plan options in the Exchanges—Insurers in th