Once again the Departments of Labor, Health and Human Services, and the Treasury have issued a set of frequently asked questions (FAQs) regarding the implementation of the Patient Protection and Affordable Care Act (PPACA). This recent guidance, the sixth in a series of FAQs that the agencies have published, focuses on grandfathered plan issues. As we have covered in previous publications, grandfathered plans are exempt from certain aspects of PPACA. Generally, a plan must not reduce benefits or employer contributions toward the cost of benefits for a plan to maintain its grandfathered status. Below is a summary of some of the most broadly applicable issues addressed by the recent guidance.
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Agencies issue new FAQs regarding PPACA implementation
- Hodgson Russ LLP
- Peter K. Bradley, Anita Costello Greer, Michael J. Flanagan, Richard W. Kaiser, Arthur A. Marrapese III and Daniel R. Sharpe
- July 8 2011
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