Out With the Old, In With the New, Maybe…

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The Affordable Care Act (ACA) requires health insurance policies offered to individuals and small groups to provide certain essential health benefits (EHB) beginning in 2014. Insurers recently began the process of canceling existing health insurance policies to make room for new policies offering the ACA required EHB. The cancellation process has caused significant public outcry from individuals who thought they were going to be able to keep their existing health insurance. In response, the White House has announced a change to the ACA implementation process aimed at allowing people to keep their health insurance policies for one more year.

The White House’s changes to ACA implementation would allow current health insurance policies to be reinstated for 2014 under certain conditions. First, insurance companies would have to decide to offer their previously canceled health insurance policies for another year. Second, State Insurance Commissioners would have to decide that allowing the old policies to be reinstated would be permissible under state law and appropriate.


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