Affordable Care Act Waiting Period

Proposed regulations (REG-122706-12) were issued to implement the 90-day waiting period limitation and to make technical amendments to health care coverage requirements under the Affordable Care Act provisions that are already in effect as well as those that will become effective beginning 2014. The proposed regulations provide that a group health plan or a health insurance issuer offering group health insurance coverage is not to apply any waiting period that exceeds 90 days.

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Reed Tinsley, CPA