27, 2018 in order for those products to be 'grandfathered
' and subsequently wholesalers are exempt from the requirement of only transacting with serialized items when dealing with grandfathered
product (where proper documentation exists)."
The Association of Financial Advisers (AFA) has hit back at suggestions that the advice industry has not adequately responded to the prevalence of grandfathered
In some cases, the PPACA-amended versions of the PHSA, the IRC and ERISA sections do apply to a grandfathered
Under initial regulations issued by the new law, a group health plan could lose grandfathered
status if it changed insurance carriers.
plan rules can exempt a plan or policy issuer from many Affordable Care Act requirements, such as a new preventive benefits package mandate and a minimum medical loss ratio requirement.
As described in a prior Alert, "grandfathered
" group health plans are not subject to certain PPACA provisions.
And according to the survey, 53% of companies are making changes despite the uncertainty about regulations on grandfathered
In a press release, DHHS let the public know what changes a "grandfathered
" plan would be allowed to make.
Further, retaining grandfathered
status over a period of many years could become more difficult, and it appears the new regulations could take away some of the choices small businesses have to keep up with the increasing cost of health care insurance.
Much anticipated interim final rules for "grandfathered
" health plans were jointly issued by the Internal Revenue Service, the Labor Department's Employee Benefits Security Administration, and the Office of Consumer Information and Insurance Oversight in the Department of Health and Human Resources this week.
The estate, however, did not list this property as subject to GSTT, taking the position that such property was transferred under a grandfathered
GSTT-exempt trust pursuant to TRA '86 Section 1433(b)(2)(A).
While the proposal would make no changes to treatment of investments currently owned by "grandfathered
" paired-share REITs, it would treat the two parts of the paired-share REIT as one entity for purposes of meeting the REIT income test for new acquisitions made after the effective date for the proposal.