Health Care REITs and ETFs React to Reform

[WallStreet]

If you can't get enough of the market reaction to the health care vote (who can't?), here's how REITs and ETFs are moving.

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[Charlie Echo]

Individuals and employer group plans that wish to keep

their current policy on a grandfathered basis would only

be able to do so if the only plan changes made were to

add or delete new employees and any new

dependents. In addition, an exception is made for

employers that have scheduled plan changes as a

result of a collective bargaining agreement.

Reconciliation Package on Ability to Keep Your Current Coverage

The reconciliation package would require plans that were

grandfathered under H.R. 3590 to abide by the market reform

requirements specified in H.R. 3590 relative to lifetime and

annual dollar limits, rescissions, employer plan waiting periods

and coverage of dependent children to age 26 within six

months of enactment. For grandfathered group health plans,

preexisting condition waiting periods are banned beginning

with plan years starting in 2014. In addition, for grandfathered

group plans until 2014, the coverage to age 26 provisions only

apply to those dependents that do not have another source of

employer-sponsored health insurance.