Section 1560(c) of the Patient Protection and Affordable Care Act (the Act) provides that nothing in the Act “shall be construed to prohibit an institution of higher education … from offering a student health insurance plan, to the extent such requirement is otherwise permitted under applicable Federal, State, or local law.” On March 21, 2012, the Centers for Medicare & Medicaid Services (CMS) issued a final regulation implementing the provisions of Act Section 1560(c). This client advisory explains the key provisions of the final regulation.
The final regulation defines the term “student health insurance coverage” as...
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