CMS Announces One Year Extension Of Grandmothered Plans

CMS will allow issuers to sell plans that don’t adhere to the Affordable Care Act’s guidelines, also known as “grandmothered" plans, for one additional year, the agency announced Monday (March 25). HHS Secretary Alex Azar hinted at a recent Senate Finance Committee hearing that the agency would make this decision . CMS Administrator Seema Verma said Monday that continuing to allow the sale of the non-ACA plans will give consumers more affordable coverage options outside Obamacare. The transitional policy was...