“It is what it is, nothing more, nothing less….”
Source: Mintz Levin
A recent Washington Post article (“Glitch in health care law allows employers to offer substandard insurance,” September 12, 2014) highlights an Affordable Care Act compliance strategy being marketed heavily (and adopted widely) in industries that traditionally did not previously offer coverage to large cohorts of variable hour and contingent workers. (We discussed these arrangements in a previous post. The strategy—which is referred to commercially as a “minimum value plan” or “MVP”— involves an offer of group health plan coverage that, while similar in most respects to traditional major medical coverage, carves out inpatient hospital services.
“Whether these plans were “intended,” or whether they are consistent with Obamacare, is irrelevant”.
Continue reading Achieving Minimum Value Requirement Without Hospitalization Benefits?