The Obama administration has reportedly decided to extend its Obamacare ‘fix’ for people whose health plans were canceled last fall for an additional two years.
Bloomberg News and the Associated Press reported the decision, citing anonymous sources. The proposal has been under consideration since at least last month.
The Obamacare ‘fix’ allows insurance companies, if permitted by their state insurance regulators, to continue offering non-compliant health plans to people already enrolled in them. Under the extension, according to the AP, the ‘fix’ can now be applied to plans issued through Oct. 1, 2016.
