Calif. Blocks Renewal Of ACA-Canceled Policies

Law360, New York (November 22, 2013, 3:14 PM EST) -- California’s health insurance exchange Thursday rejected the Obama administration’s proposal that consumers be allowed to renew policies that lack the Affordable Care Act’s required benefits, a win for insurers worried that the proposal would dissuade Americans from shopping in online marketplaces.

In its 5-0 vote, the Covered California board stuck with a Dec. 31 deadline for insurers to discontinue plans that fall short of ACA, a move that will affect 1.1 million policyholders in the Golden State.

“Extending the deadline offers no benefit to the consumer...
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