Health Care Reform: Important regulations issued on grandfathered plans

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On June 14, 2010, the Departments of Labor, Treasury and Health and Human Services jointly issued interim final regulations addressing the “grandfathered plan” provisions under the Patient Protection and Affordable Care Act (PPACA). PPACA generally provides that group health plans that were in existence on the March 23, 2010 enactment date of PPACA are grandfathered from (not required to comply with) some, but not all, of PPACA’s health care reform requirements. The new regulations are significant in that they clarify what types of changes can be made to existing plans that will allow them to retain their grandfathered status.

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