Can grandfathered policies affect coverage and claims?
by Guest » Mon Feb 25, 2013 10:11 am
Grandfathered polices? - How does that effect the coverage or claims?
Total Comments: 2
Posted: Tue Feb 26, 2013 04:34 am Post Subject:
There is no effect on coverage or claims -- in fact, if there was a significant change in coverage (other than the cost of insurance), the plan would lose its grandfathered status. The only benefit to being grandfathered is the exemption from certain elements of the PPACA requirements for health insurance. Eventually, the plan will lose its grandfathered status anyway.
Posted: Tue Feb 26, 2013 09:21 am Post Subject: grandfathered policies affect coverage and claims?
You'll find further details about the grandfathered health plans here:
Posted: Tue Feb 26, 2013 04:34 am Post Subject:
There is no effect on coverage or claims -- in fact, if there was a significant change in coverage (other than the cost of insurance), the plan would lose its grandfathered status. The only benefit to being grandfathered is the exemption from certain elements of the PPACA requirements for health insurance. Eventually, the plan will lose its grandfathered status anyway.
Posted: Tue Feb 26, 2013 09:21 am Post Subject: grandfathered policies affect coverage and claims?
You'll find further details about the grandfathered health plans here:
http://www.healthreformupdates.com/MajorProvisions/Grandfather.aspx
http://www.kaiserhealthnews.org/stories/2012/december/17/grandfathered-plans-faq.aspx
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