Tuesday, November 12, 2013

One million lose their health insurance plan in California...


Via CBS:
Health insurer Anthem Blue Cross of California has agreed to a two-month extension of about 104,000 individual policies after failing to give the required 90-day cancellation notice.
The policies had been set to expire on Dec. 31 but will be extended until Feb. 28.
State Insurance Commissioner Dave Jones announced the extensions Tuesday. He said the company notified the Department of Insurance that it failed to give enough notice because of a computer glitch.
Jones says more than 1 million cancellation notices have been sent to Californians as the Affordable Care Act begins allowing individuals to buy insurance through exchanges. The federal law requires policies to offer minimum levels of coverage, forcing companies to terminate many existing plans.
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