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Canceled Health Plans Get Reprieve

The Obama administration will allow some health plans that fall short of Obamacare coverage requirements to be offered for two more years, extending the coverage past the November elections and through President Barack Obama’s second term.

The decision, announced Wednesday by federal health officials, extends an earlier decision by the White House to let people keep their existing health plans through 2014, even if those plans fell short of the Affordable Care Act requirements. Under the new policy, some people could renew plans in 2016, meaning they would be covered into 2017.

Read the full report here.

Contact Steven Cosby with questions or to request more information and to schedule a healthcare plan evaluation, savings analysis or group plan solution for your company.