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Obama Changes Health Insurance Cancellation

Obama Changes Health Insurance Cancellation

On Thursday President Barak Obama announced an administrative change in one of the bedrock ideas of the new helth-care law. According to this law, insurer to continue offering individual insurance plan for another year even if they don't comply with the law's rules for minimum benefits.

 

President Obama defended his health-care law during a question and answer session about the issue. President said: “I am not going to walk away from 40 million people who have the chance to get health insurance for the first time".

The main object of the decision is to ensure all people of the Unites States are guaranteed at least certain health benefits with the private health plans. According to the president the administration will insist insurance companies to sell individual health policies which don't comply those standards inform consumers.

Individual Insurance Enrollment Chart from Oct. 1 to Nov. 2

 

 

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