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New Grandfathered Health Plan Final Rule Will Allow Higher Consumer Costs

January 06, 2021 New Grandfathered Health Plan Final Rule Will Allow Higher Consumer Costs

The Department of Labor, Health and Human Services and Treasury (tri-agencies) have issued a new final rule with adjustments to current requirements that group plans and insurers must follow to continue their status as grandfathered plans under the Affordable Care Act. Under the new rules, grandfathered plans will be able to impose higher cost-sharing requirements without losing their grandfathered status. There is also a new "special rule' for high-deductible health plans (HDHPs) and an alternative method for grandfathered plans to calculate the maximum percentage increase for fixed-amount cost-sharing has been added.

Learn More in this article, Final Rule on Grandfathered Health Plans Will Allow Higher Consumer Costs, from healthaffairs.org.