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R&R Insurance Blog

Obama Health Law Needs Delay, State Insurance Head Says

Posted by Pete Frittitta

Expect Delays(1/23, Nussbaum, Tracer - Bloomberg) reports that in an interview, National Association of Insurance Commissioners (NAIC) president Jim Donelon said that "President Barack Obama may need to delay his health-care overhaul or risk 'chaos' when subsidized insurance plans go on sale in October." He explained that "It's unclear how well the federal government or any of the participating states will perform on Oct. 1, when millions of Americans are supposed to begin shopping at online markets created by the law," and that "while the administration has shown no sign of seeking a delay, it may be in the president's best interest." Read full article.

Topics: Health Reform