PPACA Marketplace Update:
 
 Administration extends non-PPACA plans for another two years
 
 

  

Friends, 

  

 

After days of speculation, the Obama Administration announced a two-year extension for individual health insurance policies that do not meet the standards of the Patient Protection and Affordable Care Act (PPACA).  The delay generated extensive media coverage, with reports saying it is the latest indicator of problems in PPACA implementation as well as a possible effort to avoid hurting Democrats during this year's midterm elections.

 
It is very important to note, again, that even though the President has made this announcement we still have to go through the proper State Legislative channels before we see any impact to the individual market.  Simply announcing a change like this does not automatically make it happen.  Each individual state will need to decide if the insurance carriers can keep non-PPACA plans on the marketplace after they renew this year.  We will keep you posted on this topic once we receive guidance from the states

 

 

You can review the front-page stories on the major newspapers:

 

  

We will continue to keep you informed about the nuances of the Marketplace as we experience them.  If you have any questions or concerns about these processes please contact Altruis Benefit Consulting at 877.442.5878 or info@altruisbenefit.com

 

 

 

  


altruis benefit consulting
 

Empower yourself!  We have earned the trust of over 200 Michigan employers through our use of innovative technology and over 50 years of combined market experience.  Contact us today to see how our products and services continue to evolve with today's changing marketplace.

 

 

877.442.5878 | www.altruisbenefit.com | info@altruisbenefit.com

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