Obamacare fix for canceled health policies could raise costs: insurers
WASHINGTON (Reuters) - President Barack Obama's fix for canceled health plans could "destabilize" the insurance market and lead to higher costs for consumers without further steps, America's Health Insurance Plans, an industry trade group, said on Thursday.
"Changing the rules after health plans have already met the requirements of the (Obamacare) law could destabilize the market and result in higher premiums," AHIP President Karen Ignagni said in a statement.
"Additional steps must be taken to stabilize the marketplace and mitigate the adverse impact on consumers," she said.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- New York police officer critically wounded in hatchet attack
- Doctor with Ebola in New York hospital after return from Guinea
- Exclusive: Charred tanks in Ukraine point to Russian involvement
- Ground offensive against Islamic State months away in Iraq: U.S.