ANOTHER OBAMACARE DELAY WSJ’s Louise Radnofs
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Posted On: 03/07/2014 6:29:21 AM
ANOTHER OBAMACARE DELAY
WSJ’s Louise Radnofsky: “The Obama administration further postponed a provision of the Affordable Care Act on Wednesday, the latest in a series of changes that have delayed or pared back the health overhaul so much that many of its ambitious goals won't be achieved during its first years in full effect. … [A] series of delays by the administration — and decisions by states on implementing the law — have taken a toll. The latest delay came Wednesday, when federal officials said insurance companies could continue selling plans that don't meet the law's more rigorous standards until 2016 in some instances.
“It was the second time the administration delayed that requirement after the law's tougher standards prompted insurers to cancel millions of people's health plans last year. The latest delay averts another raft of cancellations before this year's midterm elections.
… Fewer Americans are expected to gain coverage under the law thanks to its troubled rollout, legal challenges and Republican opposition in many states."
WSJ’s Louise Radnofsky: “The Obama administration further postponed a provision of the Affordable Care Act on Wednesday, the latest in a series of changes that have delayed or pared back the health overhaul so much that many of its ambitious goals won't be achieved during its first years in full effect. … [A] series of delays by the administration — and decisions by states on implementing the law — have taken a toll. The latest delay came Wednesday, when federal officials said insurance companies could continue selling plans that don't meet the law's more rigorous standards until 2016 in some instances.
“It was the second time the administration delayed that requirement after the law's tougher standards prompted insurers to cancel millions of people's health plans last year. The latest delay averts another raft of cancellations before this year's midterm elections.
… Fewer Americans are expected to gain coverage under the law thanks to its troubled rollout, legal challenges and Republican opposition in many states."
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