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Grandfathered Plans Should Be Careful When Modifying Wellness Programs
Wolters Kluwer Law & Business
Aug. 5, 2015 "In order to maintain grandfathered status, your plan has to stay in place, the way it was on March 23, 2010. If you increase or decrease any employer contributions to deductibles, copays or coinsurance, you will lose your grandfathered status. Therefore, you have to be very careful when designing wellness programs that include incentives. If the incentive makes the employer contribution go up or down, you could lose your grandfathered status." MORE >> |
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