Draft regulations from the Obama administration indicate that up to 69% of employer-provided plans may be forced to change their health plans when ObamaCare's mandates and requirements begin in 2014.
This differs drastically from what we heard from the President when he was trying to sell this plan to the American people. In fact, on September 9, 2009 in a nationally televised speech from the United States Capitol, President Obama promised:
"First, if you are among the hundreds of millions of Americans who already have health insurance through your job, or Medicare, or Medicaid, or the VA, nothing in this plan will require you or your employer to change the coverage or the doctor you have. (Applause.) Let me repeat this: Nothing in our plan requires you to change what you have."
The President promised that existing health plans could be "grandfathered" and would be exempt from all the new mandates and requirements so long as they did not make changes to the plans, such as increasing a deductible or eliminating a benefit.
However, Obama administration officials now estimate that potentially up to 69% of employer plans would lose their grandfather status by having to make changes to their plans and be forced to buy a new plan because their current plans would not meet the new requirements.
So much for promises...