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State insurance regulators hesitate to embrace Obamacare fix

Started by riky, November 17, 2013, 09:00:20 AM

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riky

State insurance regulators hesitate to embrace Obamacare fix

<p><a href="http://news.yahoo.com/state-insurance-regulators-hesitate-embrace-obamacare-fix-003456153--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/7jlr_03aSztBa_RQZjzjjA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-15T235911Z_1_CBRE9AE1UMP00_RTROPTP_2_USA-HEALTHCARE.JPG" width="130" height="86" alt="U.S. President Obama takes the stage to deliver remarks on Obamacare at an Organizing for Action grassroots supporter event in Washington" align="left" title="U.S. President Obama takes the stage to deliver remarks on Obamacare at an Organizing for Action grassroots supporter event in Washington" border="0" /></a>Many U.S. states are hesitant to embrace President Barack Obama's fix to keep Americans from losing health insurance plans that do not comply with his healthcare reform, saying they need to figure out how to resurrect canceled policies and whether to allow insurers to raise prices. California, Colorado, Florida, South Carolina, Ohio and Oregon said they would act on Obama's offer, announced on Thursday, to give a one-year extension to existing policies. Several million Americans stand to have their individual health insurance canceled at some point in 2014 despite a pledge by Obama that people who liked their benefits would be able to keep them under his law. That pledge became a focus of Republican efforts to change or delay Obamacare, culminating in a vote in the House of Representatives on Friday on a Republican bill to keep the existing policies.</p><br clear="all"/>

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