Non-Grandfathered Small Groups and Individuals May Keep Plans for Another Year
CMS has granted a 12-month extension to renew health plans that do not comply with Affordable Care Act (ACA) coverage rules. Under the transition relief, members with non-grandfathered plans (also referred to as grandmothered plans) must move to an ACA compliant plan before Dec. 31, 2020.
We will soon share this news in a letter to all small group leaders impacted by this extension.
As a reminder, non-grandfathered plans are purchased (or significant changes were made to the plan after March 23, 2010, which is the day the ACA became law.
Contact your marketing representative for more information.