Obama’s administration announces new rules that are said to protect Americans who wish to maintain their existing health insurance. Some critics are saying these new rules could actually cause many to lose their coverage.
The “grandfathered rule” allows employers and insurers to make some routine changes to healthcare plans that existed before the law was passed, but if they were to significantly change or cut benefits for consumers then the insurance companies could lose the exemptions.
“ObamaCare’s new tagline should be ‘if you like your health care plan, too bad,’” said House Republican leader John Boehner. “These job-killing mandates will bring every small business’s worst nightmare — losing their health care coverage — closer to reality.”
“These rules limit flexibility and severely restrict the last line of defense for an employer before making the difficult decision of having to employ the nuclear option: dropping coverage all together,” said the group’s vice president, Susan Eckerly. “This is another heartbreaking and discouraging outcome from this new healthcare law.”
Photo Credit: Elizabeth Cromwell