This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe five ways that an employer-sponsored health plan could lose its grandfathered status. ... (Read 102 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jul 7, 2018
Describe five ways that an employer-sponsored health plan could lose its grandfathered status.
 
  What will be an ideal response?

Question 2

Both employers and employees finance Medicare Part A benefits through payroll taxes of ________ percent on all earnings.
 
  FIll in the blank with correct word.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: Grandfathered plans could lose this status if at least one of the following modifications were made:
 Eliminating all or substantially all benefits to diagnose or treat a particular condition.
 Increase in a percentage cost-sharing requirement (e.g., raising an individual's coinsurance requirement from 20 to 25).
 Increasing a deductible or out-of-pocket maximum by an amount that exceeds medical inflation plus 15 percentage points.
 Increasing a copayment by an amount that exceeds medical inflation plus 15 percentage points (or, if greater, 5 plus medical inflation).
 Decreasing an employer's contribution rate towards the cost of coverage by more than 5 percentage points.
 Imposing annual limits on the dollar value of all benefits below specified amounts.

Answer to Question 2

Answer: 1.45


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jul 7, 2018
Gracias!

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Different ways that gated channels can be opened. Different ways that gated channels can be opened.
The Two New Strands Form in Different Ways The Two New Strands Form in Different Ways
Health Benefits of Marriage Health Benefits of Marriage
Regular Ways to Fold the Polypeptide Chain Regular Ways to Fold the Polypeptide Chain
How to choose the right payment plan with changing conditions (Question 5) How to choose the right payment plan with changing conditions (Question 5)
Disease: Major environmental health problems Disease: Major environmental health problems
Video: Properties of water -structure of water and polarity (Ionized and polar compounds)

For a complete list of videos, visit our video library