For small employers who chose not to hang on to the “grandfathered” plan that they had when the health reform law was signed back in 2010, transitional—or “grandmothered”—plans gave them a second chance to avoid modified adjusted community rating and some of the other changes called for by the ACA. However, the transition period will soon be over and grandmothered plans will go away for good.
Tagged: Transition Relief
Here we go again… For the third time in three years, small employers may once again need to change their renewal date. That’s because CMS just extended the timeframe for transitional or “grandmothered” plans a little bit longer.
What are the rules about renewing non-grandfathered, non-ACA-compliant plans? [26:24]
In this session…