Regulators support ObamaCare fix
Most state insurance regulators who have made their stance public are supporting President Obama’s decision to allow people to keep health policies that would otherwise have been canceled under ObamaCare, The Wall Street Journal reported Wednesday.
Last week, Obama directed the Department of Health and Human Services (HHS) to let state insurance commissioners allow consumers who already have policies that don’t meet the standards under ObamaCare to keep them through 2014.
In the days since, regulators in roughly half the states have made their position on the move apparent.
“So far, most support the initiative — or at least aren’t blocking insurers who want to take advantage of it,” the Journal’s Leslie Scism and Timothy Martin write.
Obama’s decision, however, has drawn fierce criticism from conservative groups and congressional Republicans, who complain that the president moved unilaterally to delay the cancellations.
More from the Journal here.
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