What is a “Grandfathered plan”?

Some health insurance plans which were in place before the Affordable Care Act was signed into law in 2010 still exist today in the same format are referred to as grandfathered plans.

Grandfathered plans are exempt from some of the new regulations.

For example, grandfathered and large employer plans are not required to offer all of the 10 essential health benefits with no cost share. For a full list of what grandfathered plans are exempt from, visit https://www.healthcare.gov/health-care-law-protections/grandfathered-plans/

It is possible
for you to enter a grandfathered plan as a new enrollee if the plan was originally established prior to 2010, so be sure to ask your employer or plan sponsor if this is the case.

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