Yet, PPACA's ultimate impact on the affordability of health insurance is still unknown, and the qualified plans have an annual family out-of-pocket maximum of $11,900.
What does OPM stand for?
OPM stands for Out-of-Pocket Maximum (health insurance)
This definition appears frequently and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
- Business, finance, etc.
See other definitions of OPM
We have 143 other meanings of OPM in our Acronym Attic
- Oregon Productivity Matrix
- Organic Pest Management
- Organisesi Papua Merdeka (Free West Papua Movement)
- Organización Político Militar (Spanish: Military Political Organization; Paraguay)
- Orientations of Proteins in Membranes (database)
- Original Pilipino Music
- Originals per Minute (printing)
- Oropharyngeal Membrane
- Oscillations per Minute
- Other People's Money
- Outage Performance Monitoring (Bellcore)
- Outpatient Pharmacy Manager
- Output and Performance Measure
- Output Protection Manager (Microsoft)
- Outside Plant Module (telecommunications)
- Outsourced Program Manager (various locations)
- Overseas Port Management (Singapore)
- Owner's Project Manager (various organizations)
- Owning Program Manager
- Oxygen Phone Manager (software)
Samples in periodicals archive:
Additionally, as is reaffirmed in NSBA survey data, employers have been making other plan design changes to cope with rising costs, including increasing deductibles, out-of-pocket maximums, and copayments.
This will lead your discussion right into an HSA-eligible plan, where all of the premium dollars are allocated to pure insurance and a defined out-of-pocket maximum.
The out-of-pocket maximum for the Protect 25 plan is $4,000 and $4,500 for the HSA plan.
Specifically: 70% are planning to increase employee contributions 67% are expecting to raise deductibles, co-pays, coinsurance or out-of-pocket maximums.
Specifically, 70 percent are planning to increase employee contributions and 67 percent are expecting to raise deductibles, co-pays, co-insurance or out-of-pocket maximums.
Forty percent of Massachusetts employers told Mercer their employees will pay a larger share of premiums in 2009, and 28 percent said they would shift costs to workers by raising deductibles, co-payments or co-insurance, or out-of-pocket maximums.