Grandfathered plans don't satisfy all the requirements of the ACA, but as long as they don't make major changes that cut benefits or boost costs to employees, they're allowed to live on. (Photo: Shutterstock)
Small group health plans that don't comply with all the requirements of the Affordable Care Act are getting an extra lease on life, being “grandmothered” for renewal for another year, even as insurers are asking to change some of the restrictions on “grandfathered” plans so they can charge beneficiaries more.
The Centers for Medicare and Medicaid Services have announced 0that states can extend grandmothered plans' expiration date to December 31, 2020; 32 states still allow renewals of grandmothered plans.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
