What is Grandmothering?Grandmothering is the new term for Grandfathering and it is the extension granted by the Obama Administration allowing small businesses and individuals to keep their current health plans until October of 2016.Grandfathered plans are policies that were purchased prior to March 23, 2010. Because they were purchased prior to health care reform the plans do not have to follow all of the rules of ObamaCare. Individual insurance carriers can choose to still continue to carry or discontinue Grandfathered plans and there is no law preventing the insurance carriers to continue to cover you.What are the pros and cons of a grandfathered plan?The cons of grandfathered plans is that they do not have to comply with ObamaCare standards meaning your plan may not cover 100% of preventative services such as a well-checks and you may have to pay a fee for a colonoscopy and there is no requirement for pediatric dental coverage for your children.Some of the pros of keeping a grandfathered plan would be that employers are allowed to offer tiered benefits to their employees based on their salary.What individuals want to know…will Grandfathering help keep my health insurance costs low?Answer: it depends.Possibly because one of the exceptions of Grandfathered plans is the 100% coverage of all preventative services. This does not affect Grandfathered plans and do not raise fees for that and could help keep health insurance costs down.Please note that all health insurance plans regardless of grandfathering status must allow you to keep your children on your plan until the age of 26, end of lifetime limits on coverage and also end arbitrary cancellation of health coverage such as making a mistake on your application there is also no coverage exclusions for children under the age of 19 who have pre-existing conditions.To read more about Grandmothered and Grandfathered plans, please follow this linkhttps://www.healthcare.gov/what-if-i-have-a-grandfathered-health-plan/