2 COVERAGE.
3 (a) GRANDFATHERED HEALTH INSURANCE COV
4 ERAGE DEFINED.—Subject to the succeeding provisions of
5 this section, for purposes of establishing acceptable cov
6 erage under this division, the term ‘‘grandfathered health
7 insurance coverage’’ means individual health insurance
8 coverage that is offered and in force and effect before the
9 first day of Y1 if the following conditions are met:
10 (1) LIMITATION ON NEW ENROLLMENT.—
11 (A) IN GENERAL.—Except as provided in
12 this paragraph, the individual health insurance
13 issuer offering such coverage does not enroll
14 any individual in such coverage if the first ef
15 fective date of coverage is on or after the first
16 day of Y1.
Am I reading this correctly that a person can keep their current coverage as long as the insurance company does not offer any more individual policies to anyone? So everyone will eventually be rolled in to the government's program? Seems like that was in the previous "bill" that was released.
And of course it also looks like the pre-existing conditions coverage nonsense is in it.
What is the first day of Y1??? My husband just changed jobs and we won’t be eligible for his new insurance for 90 days. Does this mean my family will HAVE to be on the “public option” for the rest of our lives with NO choice?!?!?!
Someone, please do get back to me on this if I’m reading it wrong!!! Is this just for INDIVIDUAL policies or GROUP policies???