White House Set To Extend Obamacare Deadline By 1 Year

With the world distracted by Putin and ICBM launches, The White House, according to the WSJ, is about to extend Obamacare deadlines by another year:

  • *U.S. MAY GRANT 1-YR EXTENSION ON HEALTH LAW REQUIREMENTS: WSJ
  • *WSJ CITES INDUSTRY OFFICIAL ON INSURANCE COS., HEALTH CARE LAW

Allowing insurers to keep selling policies that do not meet standards for another year. It seems, if you like your healthcare policy, you can keep it for one more year…

 

Via WSJ,

Obama Administration to Let Insurers Keep Selling Plans That Don’t Meet Health Law Requirements, Insurance Industry Official Says

 

Extension Could Last at Least Another Year

 

The Obama administration plans to allow insurers to continue selling policies that don’t meet the federal health law’s requirements for at least another year, an insurance industry official confirmed Tuesday.

Read more here


    



via Zero Hedge http://ift.tt/1fFzQH1 Tyler Durden

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