Bye, Bye Grandma!
Grandmothered plans are those which were issued after ObamaCare was established, but were given a “hall pass” from many of its mandated “benefits.” Much like the Doc Fix that kicked Medicare’s provider reimbursement cuts down the road, Transitional Relief was ObamaCare’s safety valve that allowed these plans a temporary reprieve. For the past several years, group clients have been able to re-cast their renewal date to continue to take advantage of it.
In theory, this will be last time (since no one really knows what’s going to happen under the next administration). But, carriers are soldiering on; I received this in email today from United Healthcare:
‘Course, I’m old enough that I remember this.
In the event, UHC (and, of course, other carriers) is contacting its group clients to offer them a bit of relief.
Based on recent quotes I’ve seen, this is definitely an offer they shouldn’t refuse.
Source: http://insureblog.blogspot.com/2016/11/bye-bye-grandma.html
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