We just renewed our group health insurance, and by a moment of luck, they actually reduced our premiums $40 a month which is a nominal drop in the bucket.
According to our broker, you can either grandfather your plan, or get new rates. Grandfathering means you absolutely cannot change any teeny tiny thing about the plan. Not Grandfathering the plan means you have to follow every new rule that is in the DeathCare bill.
It used to be, for group health plans, that as long as 75% of the population (work) was on some sort of plan; yours, their spouses, VA, whatever, you were good to go with the plan. And if you Grandfather, this still holds true.
Now, under the new rules and regulations of a new group plan, 75% of the population (work) must be on YOUR group plan, doesn't matter if their spouse has a better plan at their place of work.
The second rule, was that all the plans had to be equal, meaning that brass didn't get a better plan than employees. (Not a problem for us).
We absolutely couldn't meet the 75% mandatory participation rate. We Grandfathered, and hope dearly that this beast is recalled. We're seriously looking at dropping our group health plan for the company.
Mine skyrocket 50% since they passed TraitorCare.
This is one of the reasons I have rid my life of every POFS who voted for this scumbag. I lost friends over this, but screw em, I want nothingto do with anyone who voted for this on any level whatsoever.