If-You-Like-the-Plan-You-Have-You-Can-Keep-It Fact of the Day

By Filed under New Health Care Law on August 25, 2011 with 5 comments

Nearly half (49%) of firms have already lost their pre-Obamacare coverage, having forfeited “grandfather status” this year.  A further 19% will have at least one plan that loses its grandfather status next year.

Survey report here. HT: Chris Jacobs

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Comments (5)

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  1. Devon Herrick says:
    August 25, 2011 at 11:22 am

    Grandfather status was always a fiction. The proponents never intended for the existence of health plans not regulated by the ACA. However, by claiming there were provisions allowing grandfather status, some of the political heat was lessened at a time when the debate was very heated. By the time the ACA provisions take effect, I doubt there will be any grandfathered plans left.

  2. Bruce says:
    August 25, 2011 at 11:23 am

    Anyone who believed that Obama promise deserves to lose his plan.

  3. Tom H. says:
    August 25, 2011 at 12:17 pm

    Ditto Bruce

  4. Virginia says:
    August 25, 2011 at 4:56 pm

    Ditto Devon. I don’t think anyone was naive enough to believe that plans would be grandfathered in.

  5. John Bjork says:
    August 26, 2011 at 9:37 am

    BlueCross Blue Shield of Il. will not grant Grandfather status for any new business even if benefit levels are maintaining status. So much for you can change carriers reversal from the original language.