NFIB, other business groups oppose rules on grandfathered status

06/21/2010 | Portfolio.com

NFIB and other business groups dislike the Obama administration's rules in which health insurance plans can receive grandfathered status, calling the newly released regulations too restrictive and saying they will lead to increased costs. Small businesses "will be faced with the difficult choice of paying more to maintain grandfathered coverage, shopping for a new and more expensive plan or possibly dropping it entirely," said NFIB's Susan Eckerly.

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