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'ObamaCare' And The ABCs Of 'Grandfathered' Plans

Law360 (July 28, 2010, 1:11 PM EDT) -- The Patient Protection and Affordable Care Act has divided the world of group health plans in two — “new” group health plans adopted after March 23, 2010, that must conform to the requirements of the new law, and “grandfathered” plans, which are largely exempt from the new law’s requirements.

Although President Barack Obama promised during the health care reform debate that “if you like your health plan, you can keep it,” many health insurance plans currently being maintained by many employers will not survive the transition...
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