Health Insurance Rate Increases – What To Do About Grandfathered Health Plans?
Recently we’ve been speaking to a number of you that have old health insurance plans that you’ve stayed with for ten or more years. These older plans are known as “GrandFathered Health Plans” by the Affordable Care Act (ACA), and have special exemptions with respect to ObamaCare. The dilemma you are currently facing is what to do about the large price increases you’re about to experience. Should you stick with the grandfathered health plan or change to a lower cost health insurance plan? We’ll cover the tradeoffs between staying or switching plans, review the changes that have occurred, and give you our recommendations inRead More →