This is either a glaring admission of defeat from the White House or… no, that’s really all it could be.
After weeks of defending the cancellation of health plans insurers discontinued in 2013 in order to comply with the Affordable Care Act’s coverage mandates, the White House announced in November of last year that it was urging insurers to reinstate those plans. The catch was, of course, that most insurers would be unable to turn on a dime and reinstate those plans. Furthermore, the administration allowed individual states leeway to determine whether or not they would even allow insurers to reinstate those cancelled plans.
President Barack Obama’s maneuver was more of a political solution than a policy fix, and a temporary one at that. But that appears to be changing.
“Avalere Health CEO Dan Mendelson said Thursday that the administration may let policyholders keep that coverage for an additional three years,” the AP reported on Thursday.
http://www.mediaite.com/online/retreat-obama-admin-may-extend-plans-canceled-by-obamacare-for-3-years/
After weeks of defending the cancellation of health plans insurers discontinued in 2013 in order to comply with the Affordable Care Act’s coverage mandates, the White House announced in November of last year that it was urging insurers to reinstate those plans. The catch was, of course, that most insurers would be unable to turn on a dime and reinstate those plans. Furthermore, the administration allowed individual states leeway to determine whether or not they would even allow insurers to reinstate those cancelled plans.
President Barack Obama’s maneuver was more of a political solution than a policy fix, and a temporary one at that. But that appears to be changing.
“Avalere Health CEO Dan Mendelson said Thursday that the administration may let policyholders keep that coverage for an additional three years,” the AP reported on Thursday.
http://www.mediaite.com/online/retreat-obama-admin-may-extend-plans-canceled-by-obamacare-for-3-years/
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