Obama Announces Plan to Allow Insurers to Extend Health Plans

With millions of consumers getting cancellation notices for their current health plans, President Obama announced Thursday that he will encourage insurance companies to continue offering their customers the same health plans next year.

With millions of consumers getting cancellation notices for their current health plans, President Obama announced Thursday that he will encourage insurance companies to continue offering their customers the same health plans next year.

The move comes amid rising outrage over the cancellation notices, which insurers have sent out to customers nationwide who do not have health plans through an employer.

Many of these plans do not comply with the Affordable Care Act, which was supposed to require health plans sold next year to offer consumers a new basic set of benefits

White House officials said Thursday that new plans sold next year would still have to offer the new benefits, which include hospitalizations, mental health services and maternity coverage.

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Source: The Washington Post