Obamacare delay: Insurers can extend offers of no-frills plans

4:34 PM, Mar 5, 2014   |    comments
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President Obama (Photo: MANDEL NGAN. AFP/Getty Images)

 


 


There's another major delay for the Affordable Care Act.

Last November, President Obama said that Americans could keep their plans for another year, even if they didn't meet the ACA's basic coverage requirements.

Now they'll be allowed to keep those sub-standard plans even longer, avoiding another round of cancellations just weeks before the midterm elections.

"If you look at the timing of it, it really is designed to delay until right after the 2014 elections," says Republican Senator Kelly Ayotte. "And we already know when people started receiving cancellations last time."

News of the extension comes just three weeks before another critical Obamacare deadline: March 31st, which is the last day to sign up for coverage through an insurance exchange.

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