unfortunately retiree health insurance plans are exempt from a number of affordable care act provisions including limits on annual and lifetime payouts. unlike with an offer of affordable employee health however as a retiree younger than age 65 you are eligible to shop for coverage through the exchanges set up under the law. and if your income qualifies you may be able to get financial help to lower the cost of your plan. it's worth checking out your options now during open enrollment at healthcare. gov. none of the plans sold there are allowed to impose lifetime or annual limits and they offer a host of other protections your retiree plan may not. you have until february 15 2015 to sign up for a plan for next year.
i will get retiree insurance in 2015 that has a $100 000 lifetime limit is this legal? . i will get retiree insurance in 2015 that has a $100 000 lifetime limit and a $7 500 lifetime prescription limit is this legal?