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 66 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
Gracias!


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library