Publication
Health Care Alert: Navigating Health Care Reform (October 14, 2010)
The Departments of Health and Human Services, Labor and Treasury issued more FAQs on Friday, October 8, addressing the impact of certain plan design changes on grandfathered plan status under the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010 (collectively, the "Act"). Grandfathered plans, which are group health plans that were in existence on March 23, 2010, have to comply with some, but not all, of the requirements under the Act. Significant changes that reduce benefits or increase participant costs will cause a plan to lose grandfathered status. If you have restructured tiers of coverage or changed wellness benefits for the upcoming plan year, your grandfathered plan status may be in jeopardy.
About Snell & Wilmer
Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 16 locations throughout the United States and in Mexico, including Los Angeles, Orange County and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
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