The Centers for Medicare and Medicaid (CMS) recently announced that employers in the small group market that are currently still enrolled in Transitional Relief Plans (also known alternatively as Keep Your Plan, Grandmothered Plan, Pre-ACA Plan, etc.,) may keep their existing policies and plans for another year.
CMS stipulates that ultimately granting the extension is left to the discretion of state regulators and to the respective participating insurance carriers. Most — if not all – states and carriers are expected to grant the extensions and allow employers to keep the Transitional Relief Plans in place for another year.
The CMS announcement also noted that the Transitional Relief Plans will not be considered out of compliance.
This extension, first granted in 2014 and granted every year since, runs through December 31, 2019.
We’ll be following this closely with the insurance carriers and will keep all of our clients who currently have Transitional Relief Plans informed.
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