Welcome to our Healthcare Reform Blog!

The Affordable Care Act (ACA) of 2010 has many implications for individuals and employers, many of which will take effect in 2014. We, at The Rockwood Company, are dedicated to providing you with timely information to help you make benefit choices for 2014 and beyond. We are using this blog to provide you with the most up-to-date information. New information will be posted on the front page, and tagged with the appropriate classification. Classifications will be individuals, small groups (less than 50 employees) and large group (greater than 50 employees).

Thursday, November 14, 2013

Obama Announces Individuals Can Keep Their Plan

President Obama announced Thursday that Americans can keep canceled health insurance policies for a year.  "Americans whose plans have been canceled can choose to re-enroll, " the president said during a White House news conference.

The President was pressured to uphold one of his campaign promises about the Affordable Care Act (ACA) that if you like your current policy you can keep it.  As the country moves closer to the implementation of the law on January 1, 2014, many policy holders were notified by their current insurance company that their policy was being cancelled and replaced with new policies that meet the ACA guidelines.

For now this is geared for individuals purchasing insurance outside of an employer, it does not yet affect small group, employer-based coverage.
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