Reuters: Gov't to allow "ineligible" health plans for longer


The White House is set to allow consumers to extend health-insurance coverage that doesn't comply with Obamacare to beyond the end of this year, Reuters reports.

The government could even allow the plans to be lengthened for another three years, which would postpone any cancellations to after the 2016 presidential election.

Last autumn, insurers canceled coverage for millions of people because of the non-compliance of their plans, causing uproar and prompting President Obama to allow ineligible coverage for another year.

Insurers weren't happy about the original u-turn and might not be too pleased with the latest one, due to fears about the impact on risk profiles.

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