Tuesday, November 19, 2013

US House passes bill allowing insurance companies to continue selling certain policies

[JURIST] The US House of Representatives [official website] passed a measure [legislative materials] on Friday which would allow insurance companies to continue selling limited-coverage policies. Insurance companies have canceled and refused to renew a number of these policies because they do not meet the minimum coverage required by the Patient Protection and Affordable Care Act (PPACA) [text; JURIST backgrounder], which took effect October 1. The bill, which passed 261 to 157, is unlikely to pass the Senate [Reuters report], and...

Source: http://jurist.org/paperchase/2013/11/us-house-approves-bill-allowing-insurance-companies-to-sell-substandard-policies.php

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