Obama offers fix for canceled plans
By Tami Luhby @Luhby November 14, 2013: 3:53 PM ET
"I am not a perfect man and I will not be a perfect president," Obama said as he took questions about Obamacare failures.
But the fix, as reported earlier by CNN's Dana Bash, puts the onus of the renewals outside the president's control: The administration is not requiring insurers or state insurance commissioners to extend the existing plans, but instead is letting them offer an additional year of coverage.
Since insurance is regulated at the state level, it remains up to the commissioners to permit the extensions and the companies to do so. The president noted that not all commissioners may agree to extensions. At least four states -- California, Idaho, Virginia and Kentucky -- are requiring all individual plans adhere to Obamacare rules.
http://money.cnn.com/2013/11/14/news/economy/obamacare-insurance/index.html?hpt=hp_t1
Shocker. The Messiah is not perfect?!?!?
By Tami Luhby @Luhby November 14, 2013: 3:53 PM ET
"I am not a perfect man and I will not be a perfect president," Obama said as he took questions about Obamacare failures.
But the fix, as reported earlier by CNN's Dana Bash, puts the onus of the renewals outside the president's control: The administration is not requiring insurers or state insurance commissioners to extend the existing plans, but instead is letting them offer an additional year of coverage.
Since insurance is regulated at the state level, it remains up to the commissioners to permit the extensions and the companies to do so. The president noted that not all commissioners may agree to extensions. At least four states -- California, Idaho, Virginia and Kentucky -- are requiring all individual plans adhere to Obamacare rules.
http://money.cnn.com/2013/11/14/news/economy/obamacare-insurance/index.html?hpt=hp_t1
Shocker. The Messiah is not perfect?!?!?