Friday, March 7, 2014

Surprise in Obamacare’s waiting period rules could be used to your advantage

By Jared Bilski


Lost in the wake of all the hullabaloo about further delays of the Affordable Care Act’s (ACA) employer mandate was another important rule clarification.

The feds just issued the final rule on employee waiting periods for healthcare coverage under the ACA, and they added a proposal that may very well allow health plans to extend the total waiting period beyond the 90-day maximum.

The bulk of the final rule is consistent with the proposed regs the feds had issued previously, and simply clarifies some of the finer points of the law.

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