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““T” Plans Now Available on MyBrokerLink/Converting Grandfathered “S” Plans to New Grandfathered “T” Plans“
Clear as mud, no?
This is what happens when the government takes over the health insurance industry (and make no mistake, if you exercise control over a market segment, you own that segment). And so we get authentic frontier gibberish like the above.
Oh, what does it mean?
Basically, the Feds have graciously (and illegally) allowed insurers to make modest changes to grandfathered/grandmothered plans, which MMO will be implementing as they renew. This particular email targets small group plans. The change is ostensibly an effort to help hold down premiums; let’s just say that I’m not holding my breath.