People Can Keep Health Plans 2 More Years
White House announces extension on ObamaCare rule
By Newser Editors and Wire Services
Posted Mar 5, 2014 4:17 PM CST
In this Dec. 11, 2013, file photo, people access the Affordable Care Act website in San Antonio.   (AP Photo/Eric Gay, File)

(Newser) – Warding off the specter of election-year health insurance cancellations, the Obama administration today announced a two-year extension for individual policies that don't meet requirements of the new health care law. The decision helps defuse a political problem for Democrats in tough re-election battles this fall, especially for senators who in 2010 stood with President Obama and voted to pass his health overhaul. The extension was part of a major package of regulations that sets ground rules for 2015, the second year of government-subsidized health insurance markets under Obama's law—and the first year that larger employers will face a requirement to provide coverage.

It's not clear how many people will be affected by the two-year extension on policies that were previously subject to cancellation. The administration cites a congressional estimate of 1.5 million, counting individual plans and small-business policies. "It's not likely to affect a large number of people, but it certainly avoids difficult anecdotes about people having their policies canceled," said Larry Levitt of the nonpartisan Kaiser Family Foundation, an expert on insurance markets. "I think it's a small and dwindling number of people who are affected." The latest extension builds on an earlier reprieve issued by the White House. Some could renew their plans in 2016, giving them coverage into 2017, reports Politico.

Copyright 2016 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
People Can Keep Health Plans 2 More Years is...
8%
1%
2%
15%
1%
72%
Show results without voting
You Might Like
Comments
Showing 3 of 269 comments
Texas1
Mar 9, 2014 11:19 AM CDT
Went to see my brother who lived outside of Boston. Took me on a tour of the states around where he lived. Saw a lot of cars from Canada parked at hospitals and medical centers. Ask my brother why all theses people from Canada were down here. Told me the service and treatment was faster and better.
hog_one
Mar 8, 2014 2:24 AM CST
A little story about the changes put forth by President Obama to the ACA and how it effects the current law. In case anyone would care to read it. "Even Obama seems to be losing faith in Obamacare" http://finance.yahoo.com/blogs/the-exchange/even-obama-seems-to-be-losing-faith-in-obamacare-153740653.html
KDickley
Mar 7, 2014 10:52 PM CST
Anything to postpone the inevitable until after the elections, so more dumbasses will vote democrap and voters won't know how much Ovomitcare is going to hurt. Let's get it over with, so people can see just how bad Ovomitcare is.