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November 10, 2012

Obama admin. extends deadline on states’ insurance exchange plans

  • then Many states, despite knowing the Affordable Care Act’s imminent November 16th deadline to declare plans for the law’s 2014 insurance exchanges, didn’t bother making any. This is because Republican-governed states, vehemently opposed to the health care law, had wagered on a Romney win and Republican senate takeover that would have allowed for the law’s repeal. If it’s gonna be repealed, why bother making plans or preparations?
  • now Mitt Romney didn’t win, which put these dozens of states in a sticky spot. Today came word that the Obama administration will extend the deadline — the states will now have until December 14th to submit plans on how to run their versions of the exchange. Seven states (Alaska, Kansas, Florida, South Dakota, South Carolina, Virginia, and Texas) have confirmed their refusal to participate, in which case the federal government will manage the exchanges itself. source
17:52 // 1 year ago
February 28, 2011

President Obama hedges on health insurance mandate

  • old The Affordable Care Act became law, hinged on the concept of an individual mandate. Basically, everybody must buy health insurance, thus lowering the liability costs that the insured must cover for the uninsured. This prompted a slew of legal challenges from the states — mostly ones with Republican governors.
  • new President Obama has announced that he supports legislation allowing states to opt out of the individual mandate by 2014, if they can reasonably illustrate that they can keep the same coverage rates. Is a modest dose of health care reform — in truth, more health insurance reform than anything else — being watered down? source

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13:20 // 3 years ago