WASHINGTON (Reuters) - The Obama administration made a major last-minute policy shift on Thursday, saying the change would help Americans meet a looming deadline to replace insurance plans canceled because of new standards under Obamacare reforms.
Health and Human Services Secretary Kathleen Sebelius said that this group of people - estimated by the administration to be fewer than 500,000 in number - will be allowed to claim a "hardship exemption" from the requirement in the 2010 Affordable Care Act to buy insurance.
Armed with the exemption, they then have the option to buy "catastrophic" insurance plans - cheaper insurance with a minimal coverage level that, under the law, is normally available only to people under the age of 30.
The insurance companies must be having a fit....and I sure wouldnt trust buying one of these at this stage of the game..and hope I am actually covered. They may as well take their chances on going to an emergency room..if they have an emergency.
RIGHT'S RIGHT 
Print view
Fri Dec 20, 2013 9:34 am
reply
