U.S. Chamber Lodges Complaints With New Rules for Grandfathered Health Plans

The U.S. Chamber of Commerce formally objected to the recently published regulations to implement ObamaCare’s provision to “grandfather” existing insurance plans. The regulations are very strict, and would likely grant exemption to only a small number of current plans. Complying with ObamaCare’s regulations will lead to higher insurance costs for companies, or lead those companies to drop coverage altogether.