I have actually read several Democrat proposals and to my knowledge there is not one proposal that will allow present policy holders to retain private coverage indefinitely after the government “option” is enacted. There are a few exceptions: the President, members of Congress, certain government and union employees, and Veteran Administration qualified individuals.

Read for yourself what H.R. 3200 states:

H.R.3200 America's Affordable Health Choices Act of 2009

SEC. 102. PROTECTING THE CHOICE TO KEEP CURRENT COVERAGE.

(a) Grandfathered Health Insurance Coverage Defined- Subject to the succeeding provisions of this section, for purposes of establishing acceptable coverage under this division, the term `grandfathered health insurance coverage' means individual health insurance coverage that is offered and in force and effect before the first day of Y1 if the following conditions are met: [NOTE: This seems to say you can keep your coverage, but later in the bill it states any change in coverage either by you or your insurer will terminate your policy coverage and you will have to accept mandatory coverage either government healthcare or a private policy the terms of which will be dictated by the czar of the Insurance Exchange.

(1) LIMITATION ON NEW ENROLLMENT-

(A)            IN GENERAL- Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of Y1. [NOTE: This provision is not difficult to understand. Your private company will have to rewrite future policies mandated by government.]

There will be no competition by private insurers because the government can change its terms but a private company can NOT without government approval.

(2) LIMITATION ON CHANGES IN TERMS OR CONDITIONS- Subject to paragraph (3) and except as required by law, the issuer does not change any of its terms or conditions, including benefits and cost-sharing, from those in effect as of the day before the first day of Y1. [NOTE: If your insurance company changes anything in the policy, you loose your present coverage and have to obtain coverage through the government plan, or a plan approved by the government.

(3) RESTRICTIONS ON PREMIUM INCREASES- The issuer cannot vary the percentage increase in the premium for a risk group of enrollees in specific grandfathered health insurance coverage without changing the premium for all enrollees in the same risk group at the same rate, as specified by the Commissioner. [NOTE: If your company needs to increase its premiums, you loose your policy coverage and have to accept the government plan or private plan mandated by the government. AND the “commissioner” a government official will dictate the terms of your private insurance company.]

        (2) LIMITATION ON CHANGES IN TERMS OR CONDITIONS- Subject to paragraph (3) and except as required by law, the issuer does not change any of its terms or conditions, including benefits and cost-sharing, from those in effect as of the day before the first day of Y1.: [NOTE: Any change in your policy and the insurance company is out of business. Is this what is called competition? I think not. Once again you loose your private plan.]

        (3) RESTRICTIONS ON PREMIUM INCREASES- The issuer cannot vary the percentage increase in the premium for a risk group of enrollees in specific grandfathered health insurance coverage without changing the premium for all enrollees in the same risk group at the same rate, as specified by the Commissioner. [NOTE: If Blue Cross is loosing money, too bad, no increases allowed, and you loose your private healthcare coverage.]