Government Issues Health Care Reform Regulations on ‘Grandfathered’ Plans

June 16, 2010 0 COMMENTS

On June 14, the U.S. Departments of Health and Human Services (HHS), Labor, and Treasury issued new regulations addressing grandfathered plans under health care reform and how such plans can keep their grandfathered status. Although the new health care reform legislation (the Patient Protection and Affordable Care Act and the Health Care and Education Affordability Reconciliation Act of 2010) requires health plans to provide new benefits, the legislation “grandfathers” plans that existed on March 23, 2010, by exempting them from certain new requirements.

According to a fact sheet released by the departments, the regulations clarify that grandfathered plans will be able to make certain routine changes to their plans without losing their grandfathered status. Such changes include: read more…