A New Rule for Insurance Waiting Periods

On February 20, 2014, the Departments of Labor, Treasury, and Health and Human Services released ajoint final rule to implement an Affordable Care Act provision prohibiting self-insured and insured group health plans from requiring employees to wait more than 90 days before health insurance becomes effective.  The final regulation also contains amendments to pre-existing Health Insurance Affordability and Accountability Act regulations to bring them into ACA compliance.

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