Health Care Reform
90-Day Waiting Period
Handling Employees in a Waiting Period When the 2014 Plan Year Begins
The Affordable Care Act’s (ACA) 90-day waiting period limit rule begins with the group plan renewal in 2014. The limit means 90 actual calendar days, not three months. Many plans currently have a “first of the month after 90 days” waiting period rule, but are changing their 2014 plans to have a “first of the month after 60 days” rule to comply with the ACA. Some plans impose longer waiting periods, such as six months. These plans will need to change their waiting periods to be no longer than 90 calendar days.
Read more: 90-Day Waiting Period Limit
“CBI’s team of experienced and knowledgeable professionals met with myslef and our HR Administrator one on one to provide an overview of the many components of health care reform. More importantly, they provided specific information on how it applied to our business and what we needed to be doing to be as prepared as possible. They answer our questions completely and thoroughly and do the research needed to make sure we’re getting an accurate answer. CBI keeps us informed as additional information becomes available. They go the extra mile to make sure their clients are being well served.”