“State insurance commissioners are not enthusiastic. They’re the people who are actually in charge of approving the plans and rates that private insurers offer in each state. The regulators association threw tepid water on the plan in a statement Thursday, saying the decision ‘threatens to undermine the new market, and may lead to higher premiums and market disruptions in 2014 and beyond.’ These officials can nix the idea at the state level, as Washington state’s regulator already has. Even if it works, the fix is not a fix—it’s a delay. Whenever the administration does start enforcing that piece of the law, people are going to get another round of cancellation letters.”
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