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August 17, 2010 at 08:00 PM
About 90% of employers expect their health plans to lose grandfathered status by 2014.
Analysts at Hewitt Associates Inc., Lincolnshire, Ill., have published that estimate in a summary of results from a survey of 466 companies that have a total of 6.9 employees.
When President Obama was campaigning for a health bill, he said he wanted a program that would let consumers who like their health coverage keep it.
Congress included “grandfather provisions” in the Affordable Care Act, the package that includes Patient Protection and Affordable Care Act (PPACA), and federal agencies recently released regulations that will let health insurance policies and health plans in place March 23 avoid many PPACA requirements if they remain in force without undergoing major changes.
Originally, some experts had speculated that about half of plans might keep their grandfathered status until 2014, when major changes in the U.S. health coverage system are set to take effect.
