United States: Health Plans Without Significant Hospitalization Or Physician Services Coverage Do Not Satisfy The Affordable Care Act’s Minimum Value Requirement
Applicable large employers who are subject to the employer shared-responsibility provisions of the Patient Protection and Affordable Care Act (“ACA”) should consider the consequences of offering group health plans that do not provide significant coverage for in-patient hospitalization services or that do not provide significant coverage for physician services (or both) – this is the message that the Department Health and Human Services and the Department of Treasury (the “Departments”) sought to convey in […]