Grandfathered Plan Status
Weighing the Costs and Benefits
Available immediately
Under health reform, a grandfathered plan is protected from several important mandates. Yet when regulations revealed the cost of that protection (loss of flexibility to make plan changes), many predicted that plans would not bother with or would eventually lose grandfathered status. Now the burdens and uncertainties created by regulations on preventive care and enhanced appeals may require a re-evaluation. Join our experts as they sort out the pros and cons.
Originally presented on August 24, 2010.
Seminar Level
Topics Covered
Here’s some of what was covered:
- What changes are permitted for grandfathered plans and which must be avoided (including changes in insurers, benefits, co-insurance, and employer contributions)?
- How difficult will it be to avoid making the changes that affect grandfathered status, when might fiduciary principles require changes, and could changes beyond the regulations result in a loss of grandfathered status?
- How burdensome are the compliance requirements under the new regulations on preventive care and enhanced appeals for different kinds of plans?
- What about the likely burdens of the remaining grandfathered mandates, such as nondiscrimination testing extended to insured plans, patient protections, and certain new reporting rules? (We’ll consider any new regulations issued on these mandates.)
- Weighing the costs of grandfathered status against the benefits for your plans.
Note: A basic understanding of the grandfather rules and affected mandates will be assumed; full compliance detail for each grandfathered mandate is beyond the scope of this seminar.
Details
Speakers: John R. Hickman and Christy A. Tinnes. Mr. Hickman is an attorney and partner with Alston & Bird in Atlanta and a Contributing Author of three of EBIA’s manuals: Health Care Reform for Employers and Advisors, Cafeteria Plans, and Consumer-Driven Health Care. Ms. Tinnes is a Principal with The Groom Law Group in Washington, D.C. and a Contributing Author of EBIA’s Health Care Reform for Employers and Advisors.
Handouts: A handout of the seminar slides and other information is provided through download.
Viewing Details
- Accessing the recorded web seminar: After you purchase a recorded web seminar, you will receive an email with access information. You and your co-workers may then view the recording as many times as you wish for 60 days. An internet connection is required to view the recording; it can be stopped and started as needed and has a table of contents for easy navigation.
- Recordings are accurate as of the date presented: Our recordings are accurate as of the presentation date of the live seminar. We supplement handout materials with articles from the EBIA Weekly covering significant later developments. You must check the table of contents at your access link for updates before viewing a recorded seminar.
- Please respect our copyright: Do not record the web seminar, share the access link, or duplicate materials. For details on our copyright policy, please visit our Copyright page.
System Requirements for Recorded Web Seminars
EBIA uses WebEx technology for the seminar. You may wish to view system requirements, test your system and download any necessary WebEx software here:
http://www.webex.com/lp/jointest/
If you are not able to complete the WebEx installation, please contact WebEx technical support at (866) 863-3904.
