Barack Obama

President Barack Obama speaks on the Affordable Care Act in the White House briefing room on Nov. 14

Health Care

By John Tozzi November 15, 2013

President Obama’s plan to reverse himself and let millions of people keep their health policies—the ones that insurance companies cancelled because don’t meet the Affordable Care Act’s standards—is something like an attempt to unscramble an omelet. Among the problems:

State insurance commissioners are not enthusiastic. They’re the people who are actually in charge of approving the plans and rates that private insurers offer in each state. The regulators association threw tepid water on the plan in a statement Thursday, saying the decision “threatens to undermine the new market, and may lead to higher premiums and market disruptions in 2014 and beyond.” These officials can nix the idea at the state level, as Washington state’s regulator already has, according to the New York Times.

The feeling isn’t unanimous: California’s insurance commissioner, who already pushed some health plans to extend policies because they didn’t give customers the notice required by law, favors extending policies. But other state laws make doing so messy. In Florida, too, the commissioner supports the plan.

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