Insurance agency offers guidance on dropped plans | News
By SEANNA ADCOX
COLUMBIA, S.C. (AP) - South Carolinians who lost their health policies under the federal health care law will soon learn whether they can keep their plan for another year after all.
State Insurance Director Ray Farmer said his agency is issuing guidelines Tuesday to insurers that want to extend coverage to clients who previously received termination notices.
Millions of policyholders nationwide have received such letters from their carriers for plans the law considers substandard.
The backlash over canceled plans caused President Barack Obama to reverse himself last week on part of the law, as he took administrative action to let insurers continue current plans for a year.
Farmer estimates the notices affected more than 150,000 people in South Carolina.
His agency will collect detailed numbers as insurers submit their plans.
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