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"If you like your plan, you can keep it. Period." At least, that's what the President said. Unfortunately for millions of Americans, and many of our customers, this isn't true.

Only people who are on a health plan that hasn't been changed since March of 2010 can keep their plan. If you bought a plan after that date, you are not grandfathered. If you increased your deductible you've probably lost your grandfathered status too.

Our take:
This is a really frustrating topic to us. We've known about grandfathering since summer of 2010. The law was written with the intent to push as many people off of their current plans as possible. Why? Because for Obamacare to work, lots of younger, healthy people must be made to participate in the new plans. If these people don't, the rates for Obamacare plans will shoot up.

So when the President said that his administration tried really hard to prevent people from losing coverage that's just not true. In fact, the administration created grandfathering regulations that are more restrictive than the law required. Part of the structure and design of the law is to push people away from their old plans and onto new ones. This is not a surprise to anyone who has been watching the regulations closely.

It really drives us crazy to hear politicians or news organizations blame the insurance companies for changing their policies. In all but one of the cases our agency has worked on, the reason a person or group lost their grandfathered status was because the person or group had to change the coverage to keep their rates affordable at renewal. That's what you do to keep your costs under control!

In the one situation where this was not the case, a group lost grandfathered status because the health insurance company retired an old plan design. This happens from time to time with any company. But as far as health insurance is concerned, it's rare.

So, will you be able to keep your plan? Most people covered with a small employer or on an individual policy are not going to be able to keep their plans.

What is the Federal government forcing them into? Perhaps we'll post about that, next.
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