Administration to allow non-compliant health plans for 2 more years

The Obama administration announced today that they will allow health insurance companies to renew non-compliant health plans for an additional 2 years.  They further stated that policy renewal extensions can continue through as late as October 1, 2016.  It’s their speculation that this will impact between 500,000 and 1.5 million people with so-called “transitional policies”.  Continue reading the entire development here.