Insurance Executive: We Expect Key Obamacare Deadline To Be Extended

President Barack Obama speaks as he stands with Health and Human Services Secretary Kathleen Sebelius and people who support the Affordable Care Act, his signature health care law, in the Rose Garden at the White Hou... President Barack Obama speaks as he stands with Health and Human Services Secretary Kathleen Sebelius and people who support the Affordable Care Act, his signature health care law, in the Rose Garden at the White House in Washington, Tuesday, Oct. 1, 2013. Congress plunged the nation into a partial government shutdown Tuesday as a long-running dispute over President Barack Obama's health care law forced about 800,000 federal workers off the job, suspending all but essential services. (AP Photo/Charles Dharapak) MORE LESS
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A top executive for a major insurance company said Wednesday that he expects the Obama administration to extend Obamacare’s open enrollment period beyond its current March 31 end date, according to Reuters.

“Our assumption is that there will be an extension to the open enrollment period,” Humana Chief Operating Officer Jim Murray told investors on a conference call.

Some members of Congress, including a group of 10 Democratic senators, have urged the administration to extend the enrollment period because of the early problems with HealthCare.gov.

But insurance industry sources have told TPM that an extension could lead to significant premium increases in 2015, and they are discouraging Congress and the administration from extending enrollment.

Administration officials have told TPM that they are not currently considering an extension.

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