Important Updates on Federal Health Care Reform

Grandfathering allowed for most standard and non-standard plans As we recently communicated with you, the federal government has issued Interim Final Regulations for the grandfathering provision. Because there are advantages to grandfathering, we will grandfather most standard and non-standard plans in our portfolio. To help you better understand what this means to your clients, we’ve put together this Grandfathering Fact Sheet. It explains:

£     More about grandfathering

£     What changes can be made without losing grandfathered status

£     What changes will result in losing the grandfathered status  

This is an important provision for many individuals and group policyholders. You can expect more information about grandfathering, including how we will implement it. As always, please talk with your sales representative if you have any questions. 

 

New government website lets consumers compare insurance plans  The U.S. Department of Health and Human Services (HHS) has just launched HealthCare.gov, a website designed to help individuals and small businesses compare both private and public health insurance plans. Through HealthCare.gov, consumers can find information on literally thousands of private and public health care products. 
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