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November 21, 2013
7 states reject Obama's 'fix'
Posted by Staff

Political Ticker:

(CNN) - If you like your health insurance plan, you might still be out of luck.

At least if you live in one of the seven states that have rejected the President Barack Obama's proposal to allow health insurance companies to renew plans not in compliance with the Affordable Care Act.

The proposal was meant to help the President keep his promise to millions of Americans who have received cancellation notices from their insurance providers, and would allow companies to renew current plans for one year while people transition to the federal insurance exchange.

Because insurance is regulated differently in each state, the president's plan first requires approval from governors and state insurance commissioners, many of whom have been hesitant to make changes for 2104 so late in the year.

On Tuesday, New York became the largest state to reject the proposal. Gov. Andrew Cuomo, a Democrat, told reporters during a press conference that he doesn't think the President's fix is necessary for New York.

 

11/21/13 3:41 AM
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