Searching For A Fix To The Canceled Policy Problem
Politico reports that finding a fix that won't disrupt the insurance market is no easy task. Meanwhile, in California, Anthem Blue Cross has announced that it will grant a two-month extension to a portion of its canceled policyholders.
Politico: Viable Fix For Individual Market May Be Non-Starter
It's not so easy to repair the White House's broken promise that millions of consumers would be able to keep their insurance coverage under Obamacare, according to several health and insurance industry experts. President Barack Obama apologized Thursday to the Americans who are losing their coverage despite his pledge and has ordered aides to look into options to try to fix the problem. But there are no obvious solutions that would restore their plans without significantly disrupting the insurance market (Haberkorn and Norman, 11/12).
Los Angeles Times: Anthem Blue Cross Extends Some Canceled Health Insurance Policies
Amid an uproar over widespread cancellations of health insurance policies, Anthem Blue Cross of California said it is granting a two-month extension through February to 104,000 customers. California's largest for-profit insurer is offering more time to a small portion of its canceled policyholders because the insurance giant didn't send termination notices in time under state rules (Terhune, 11/11).