This topic contains a solution. Click here to go to the answer

Author Question: Describe five ways that an employer-sponsored health plan could lose its grandfathered status. ... (Read 47 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
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
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
Thanks for the timely response, appreciate it


vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library