On June 17, the U.S. Department of Health and Human Services announced new procedures for health plans with limited benefits (including so-called “mini-med” plans) to obtain temporary waivers of the restrictions on annual dollar limits that were imposed by the Patient Protection and Affordable Care Act.
Employers may adopt mini-med and similar health plans to provide limited health insurance coverage (e.g., health benefits capped at $20,000 per year) to a segment of employees that otherwise would not have access to the employer’s standard health coverage.
