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A 1996 law had required parity in setting annual and lifetime spending limits, but insurers found ways to circumvent it.
Some of them imposed lifetime spending caps, a huge problem for people with chronic conditions that demand expensive care.
And if you look at their overall lifetime spending on the lottery, again it's a hundred thousand dollars on average.
According to Vox, 91 million Americans had plans with lifetime spending limits before the passage of Obamacare, which removed them.
Even so, patients may face thousands of dollars in co-payments, and those whose policies have lifetime spending limits can exhaust their coverage within a few years.
In other words, employers will be able to pick criteria from states that reduce their costs — and reduce coverage and introduce lifetime spending caps for their employees.
Similar(25)
Their feet are flat, wide and thick, the sign of a lifetime spent barefoot.
A lifetime spent behind a desk is a strange thing to aspire to.
At 84, he looked back angrily on a lifetime spent in hiding.
His leathery skin attests to a lifetime spent roaming the plains in harsh weather.
His walnut-like skin is evidence of a lifetime spent outdoors.
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