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Draft health rules set hurdles

Wall Street Journal, June 14, 2010

Draft regulations being developed by the Obama administration say more than half of employer healthcare plans may lose their grandfathered status and be required to comply with the health overhaul bill approved March 23. Obama promised as part of his health overhaul that Americans who liked their insurance coverage could keep it. The regulations govern so-called grandfathered status, which allowed employers to keep offering a plan even if it doesn't meet all the bill's requirements, the Wall Street Journal reports.