Thousands of insurance subscribers who were “granted a reprieve to keep insurance plans that do not meet the federal health law’s standards are now learning those plans will be discontinued at year’s end and they’ll have to choose a new, possibly more costly policy.” The Washington Post,
“Cancellations are in the mail to customers in markets where insurers say the policies no longer make business sense. In some states, such as Maryland and Virginia, rules call for the plans’ discontinuation, but in many, federal rules allow the policies to continue through 2017…
“One reason behind the switch is that insurers determined they can make more money selling plans that comply with the Affordable Care Act, often at higher premiums that may be subsidized by the government.”
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