Proposed Regulations on 90 day Waiting Period

The IRS releases proposed regulations on the Affordable Care Act’s 90-day waiting period limitation along with conforming amendments to pre-existing condition and other regulations.

Document Excerpt

These proposed rules implement the 90-day waiting period limitation undersection 2708 of the Public Health Service Act, as added by the Patient Protection and Affordable Care Act (Affordable Care Act), as amended, and incorporated into the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. They also propose amendments to regulations to conform to Affordable Care Act provisions already in effect as well as those that will become effective beginning 2014. The proposed conforming amendments make changes to existing requirements such as preexisting condition limitations and other portability provisions added by the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and implementing regulations because they have become moot or need amendment due to new market reform protections under the Affordable Care Act.

Link https://www.federalregister.gov/articles/2013/03/21/2013-06454/ninety-day-waiting-period-limitation-and-technical-amendments-to-certain-health-coverage

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