White House Statement On Reinstating Cancelled Policies

The White House has announced an Administration fix to deal with the individuals and small businesses receiving cancellation notices of their health insurance policies that do not satisfy the requirements of the Affordable Care Act.

Document Excerpt

Allow insurers to renew their current policies for current enrollees without adopting the 2014 market rule changes.  This will give consumers in the individual and small group markets the choice of staying in their plan or joining a new Marketplace plan next year.  HHS will consider the impact of this transitional policy in assessing whether to extend it beyond 2014

Link http://www.whitehouse.gov/the-press-office/2013/11/14/fact-sheet-new-administration-proposal-help-consumers-facing-cancellatio

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