Post-Affordable Care Act, there are two types of group health plans: grandfathered and non-grandfathered. The distinction is important and a failure to understand the grandfathering rules could cost employers significant amounts of money. In this session, you will learn:
What it means to be grandfathered,
How a plan loses grandfathered status,
How long a plan can remain grandfathered,
What happens when you lose grandfathered status,
The monetary costs of losing grandfathered status, and
How other employer are deciding whether to “lose” grandfathered status.