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Lawmakers Ask Insurance Companies to Extend Canceled Health Plans Lawmakers Ask Insurance Companies to Extend Canceled Health Plans

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Health Care

Lawmakers Ask Insurance Companies to Extend Canceled Health Plans

Blue Shield of California will give consumers until March to pick a new insurance policy.

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Americans with health insurance plans that don't meet coverage requirements in the Affordable Care Act might have to sign up for a new policy if their plan doesn't qualify for "grandfathered status."(Richard A. Bloom)

Federal lawmakers and state officials are asking insurance companies to give consumers whose plans have been canceled due to the Affordable Care Act more time to pick a policy,  The Wall Street Journal reports.

Blue Shield of California said it would give 115,000 customers until March—rather than Jan. 1—to pick a new policy.

 

About 10 million Americans are expected to receive notices of health-insurance plan cancellations because their coverage does not meet Affordable Care Act requirements.

 

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