Submitted by lambert on Sat, 04/06/2013 - 1:19pm
This article (registration required) appears to suggest yes:
Earlier this month, the Departments of Labor, Health and Human Services and Treasury (collectively, the "Departments") issued a new Frequently Asked Question ("FAQ") providing transitional relief from the Affordable Care Act's ("ACA") group health mandates for certain insured expatriate group health plans. ...
The FAQ also notes that expatriate health plans are a form of minimum essential health coverage under the ACA. This means that an individual covered by an expatriate health plan will not be subject to the individual mandate. In addition, employers will not be subject to the employer mandate penalty if they offer coverage under an expatriate health plan, provided the coverage is "affordable" and meets the minimum value requirement under the ACA.
For purposes of this transitional relief, an expatriate health plan is an insured group health plan with respect to which enrollment is limited to employees who reside outside of their home country for at least six months of the plan year and any covered dependents. Therefore, no transitional relief is available for self-funded health plans providing expatriate coverage and these plans must operate in compliance with the ACA's requirements.
But I would like to know a lot more about what "compliance with the ACA's requirements" means outside the United States, particularly with regard to exchange rate calculations.
Readers?
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