Decisions about whether to let consumers keep individual health policies that violate the new federal coverage rules are now in the hands of state insurance commissioners. And a handful of them are not happy about it.
"Now the state insurance commissioners and the insurance companies are going to look like the bad guys, not the president," Christopher Condeluci, a former Senate Finance Committee tax counsel who is now a benefits compliance lawyer at Venable, said Friday in an interview.
President Obama announced Thursday that the administration wants to let individuals keep some non-grandfathered policies that violate Patient Protection and Affordable Care Act quality standards.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
