New Rules Will Restrict Changes in Health Insurance

According to the New York Times, the White House will issue regulations today restricting the extent to which health insurance plans can be changed if employers want those plans to be "grandfathered" in under the health reform laws, which would exempt them from many of the changes to take effect in 2014. If the plans reduce benefits or increase deductibles and copays dramatically, they will not be exempt from the changes to the plans -- and, in particular, the minimum benefits package requirements -- that will take effect in 2014. These regulations apply only to large group plans, i.e., plans with more than 100 employees. Jennifer