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NAIC Leaders Say Obama Won’t Force Regulators to Allow Health Renewals

State regulators report that President Obama will not force state insurance regulators to follow his plan to allow insurance companies to renew health insurance policies for an extra year that do not meet the Affordable Care Act’s (ACA’s) minimum essential benefit requirements...
November 27, 2013

State regulators report that President Obama will not force state insurance regulators to follow his plan to allow insurance companies to renew health insurance policies for an extra year that do not meet the Affordable Care Act’s (ACA’s) minimum essential benefit requirements. Members and executives from the National Association of Insurance Commissioners (NAIC) made the statement in a conference call following a meeting with Obama at the White House on Nov. 20. On Nov. 14, Obama said he would allow policyholders already enrolled in plans that do not meet the minimum ACA standards for insurance policies to keep them for an additional year. The move has most state insurance regulators still considering whether to follow the president’s plan.

NAIC President and Louisiana Commissioner Jim Donelon, Chief Executive Officer Ben Nelson and commissioners Tom Leonardi of Connecticut and Wayne Goodwin of North Carolina spoke with Obama about the matter. Donelon said during his meeting Obama acknowledged the diversity of opinion among states regarding the ACA and Donelon thanked Obama for his acknowledgement and endorsement of state regulation during the Nov. 14 announcement.

Obama Not Forcing Regulators to Follow Plan (Best’s News Service 11/20/13) (subscription)
States Divided on Obama’s Plan to Allow Renewals (Miami Herald 11/25/13)

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