Premera Evaluating Obama Insurance Plan

The largest health insurer in Alaska is evaluating a White House announcement that would allow companies to extend for one year health policies that don't meet requirements of the federal health care law.

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by Associated Press

JUNEAU- The largest health insurer in Alaska is evaluating a White House announcement that would allow companies to extend for one year health policies that don't meet requirements of the federal health care law.

Premera Blue Cross Blue Shield spokeswoman Melanie Coon says Thursday's announcement preceded actual regulatory information from the U.S. Department of Health and Human Services. She says the insurer hopes to have more information early next week.
The plan laid out by President Barack Obama would give insurance companies the option to continue offering consumers plans that would otherwise be canceled for another year; they would not be required to do so.
Obama also said state insurance commissioners would be able to decide what plans can be sold in their states.