Close Close

Life Health > Health Insurance > Health Insurance

Insurers aren't keen on Obama's pledge to extend coverage

Your article was successfully shared with the contacts you provided.

President Obama first promised we could keep our health plan if we like it. Now he says we can keep it for only another year — as long as our insurer says it’s OK. Karen Ignagni, president and CEO of America’s Health Insurance Plans says that could destabilize the market and send premiums upward. Jim Donelon, Louisiana Insurance Commissioner and president of the NAIC, concurs.