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Affordable Care Act Plans

The Latest Affordable Care Act Dust-up Should Not Be a Dust-up

Jared Bernstein | Posted 12.29.2013 | Politics
Jared Bernstein

'Tis the season to attack the Affordable Care Act, no matter if this one is a greatest hit from 2010. At issue is the president's claim when selling health care reform that if you like your current health plan, you can keep it. That point in turn was based on the provision that grandfathered existing plans in the individual market (neither employer-based or government provided) by granting exemptions from various standards and consumer protections that came into effect when the law was signed in 2010. However, as clearly stated at the time, if such a plan were to significantly change in ways that are inconsistent with consumer protections under the ACA, that it would lose its grandfathered status.