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Beginning January 1, 2014, the restricted annual limit for plans under the ACA will be

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Final answer:

The restricted annual limit for plans under the ACA varied based on the specific plan and coverage. However, the ACA set maximum out-of-pocket limits for individuals and families to cap the amount of money spent on healthcare services.

Step-by-step explanation:

The restricted annual limit for plans under the ACA, beginning January 1, 2014, was not a fixed amount. Instead, it was determined by the insurance companies and varied based on the specific plan and coverage.

However, the ACA did set maximum out-of-pocket limits for individuals and families, which were meant to cap the amount of money that people had to spend on healthcare services within a given year.

For 2021, the maximum out-of-pocket limits under the ACA are:

Individual plans: $8,550

Family plans: $17,100

These limits include deductibles, copayments, and coinsurance.

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