Health Care Binders The rulewould allow high-deductible health plans to increase cost-sharingrequirements in order to meet the minimum required for plan membersto be eligible for a health savings account. (Photo:Shutterstock)

When the Affordable Care Act took effect, many existing healthplans were granted exemptions to some of its requirements,allowing insurers to continue offering low-cost health care plans.Such plans were allowed to remain in existence as long as they hadbeen continuously offered since March 0f 2010 and certain changeshadn't been made. As noted by Modern Healthcare, approximately 13% of coveredemployees were enrolled in such a plan in 2019.

But times have changed. Or rather, health care costs have.

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Emily Payne

Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.