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  • Government Amends PPACA Rule on Grandfathered Plans

     Effective November 15, 2010 the Department of Health and Hunman Services, in response to public concerns, issued an amendment to the Grandfathering Rules for Health Plans under the Patient Protection and Affordable Care Act (PPACA). 

    Prior to this ruling, any health plan that changed carriers after March 23, 2010 lost their Grandfathered status, meaning that provisions of the PPACA must be applied to the new plan.  This could result in greater premium charges due to benefits that must be impletmented under the law.   Under the new ruling, plans that retained similar benefits under a new carrier for premium savings would not lose their grandfathering status solely as a result of the change in carriers.

    For complete information please refer to the Department of Labor website at http://www.hhs.gov/ociio/regulations/grandfather/factsheet.html

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