(877) 381-3570 info@keyseragency.com
Keyser Insurance Group
  • Home
  • We Are Keyser
    • Team Keyser
    • Our Partner
    • Our Locations
    • Careers
      • Core Values
      • The Keyser Life
  • What we do
    • Auto Insurance
    • Home Insurance
    • Life Insurance
    • Commercial Insurance
    • Employee Benefits
    • HR Consulting
    • DisruptHR
      • Sarasota 1.0 Speaker Videos
      • Grand Rapids 2.0 Speaker Videos
      • Kalamazoo 2.0 Speaker Videos
    • Clever RX
  • Resources
    • Hurricane Readiness
      • 10 steps to prepare for a hurricane
      • Getting ready for hurricane season during COVID-19
      • 9 ways to prepare your boat
      • Protecting your collectibles from storms, winds and floods
    • Michigan No-Fault Reform
      • Michigan No-Fault Reform FAQs
      • 2022 MCCA Refund FAQs
      • When to contact your agent
      • PIP coverage options
      • Bodily injury liability requirements
      • Information used to determine what you pay
      • New medical billing limits
  • News
  • Pay Your Bill
  • Contact
  • Login
Select Page

Proposed regulations: Grandfathered group health plans, group health insurance coverage

by keyseradmin | Aug 18, 2020 | Employee Benefits | 0 comments

On July 15, 2020, the U.S. Treasury Department and IRS, along with the Labor Department and Department of Health and Human Services, released for publication in the Federal Register a notice of proposed rulemaking (REG-130081-19) regarding grandfathered group health plans and grandfathered group health insurance coverage.

The changes proposed would enable eligible plans to continue offering affordable coverage while also enhancing their ability to respond to rising healthcare costs. Group health plans would be permitted to increase cost-sharing requirements for enrolled individuals as long as they do not exceed certain limits.

In some situations, the proposed changes would allow plans to comply with minimum cost-sharing requirements for high deductible health plans (HDHPs) so enrolled individuals are eligible to contribute to health savings accounts (HSAs). These proposed regulations would not apply to or otherwise change the current requirements applicable to grandfathered individual health insurance coverage. In addition, the proposed rules would not provide any opportunity for a plan or coverage that has lost its grandfather status under existing rules to regain that status.

[SOURCE: HR360]

Recent News

  • Tick Tock – Time for healthcare employers to review internet, social media use policies!
  • What employers say about the future of employer-sponsored health insurance
  • A return to normal: How benefit plan sponsors can prepare for the end of COVID-19
  • Risk Insights: ChatGPT and the emerging AI risk landscape
  • 7 ways to nurture employee well-being
  • Minimizing the legal heart burn associated with meal breaks

More News

Categories

Search

  • Facebook
  • Twitter

Copyright © [wpsos_year] Keyser Insurance Group | info@keyseragency.com | 877.381.3570 | Privacy Policy