Question: Are catastrophic health plans optional under the Affordable Care Act?
Answer: The ACA requires that qualified plans offer essential health benefits that among other requirements limit cost-sharing (out-of-pocket maximum and maximum deductible). In 2014, out-of-pocket expenses cannot exceed the HSA compatible high deductible health plans. based on that, todays limits would be $6,250 for family (2 or more) and $3,150 for an individual. Deductibles will be limited to $4,000 for families and $2,000 for individuals. Depending on your current coverage you may consider this catastrophic coverage, but these limits are much lower that current high deductible health plans.