Insurers see way to dodge federal healthcare law next year

 

Source: Chad Terhune, L.A.Times ( Free Registration )

A new fight is brewing over health insurance companies letting millions of Americans renew their current coverage for another year — and thereby avoid changes under the federal healthcare law.

That may offer a short-term benefit for certain consumers and shield some of those individual policyholders from potentially steep rate increases. But critics say this maneuver could undermine government efforts to remake the insurance market next year and keep premiums affordable overall.

At issue is a little-known loophole in President Obama's landmark legislation that enables health insurers to extend existing policies for nearly all of 2014.

Read Full Article: Insurers see way to dodge federal healthcare law next year

Tags/Keywords

health insurance, financials, insurers, health care costs

Article Statistics

Article Viewed: 208
Tracker Stats:

 
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Facebook FTwitter T

Consumer Help Desk

Advocacy