Insurance Terms

Welcome to our terminology page! Here, you'll find a comprehensive list of key terms and definitions relevant to the health insurance space.

All insurance terminologies

Grandfathered Plan

A grandfathered plan is an existing health insurance policy in place before the Affordable Care Act (ACA) was enacted in March 2010. These plans are exempt from some ACA requirements, allowing them to keep certain features that newer plans might not have.

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