Transitional Relief Extended

CMS will once again allow small employers and individual health plans an extension of transitional (grand-mothered) coverage.  Transitional relief allows employers to continue to use their health plans that don't meet requirements of the Affordable Care Act.  If employers switch carriers or switch to a community rated plan, their transitional relief ends and they can no longer use their previous plan. 

The new CMS guidance allows for transitional relief renewals on or before October 1, 2020 provided that the policies end by January 1, 2021. Each year employers are faced with the decision of absorbing increasing premiums compared to options that move them away from transitional plans. Business Benefits offers many solutions. Please contact us to discuss potential options for you outside of transitional relief or community rated plans including:  PEO, Level Funding, or Association Health Plan options.