The president has announced a one-year extension so health insurers can continue their current health plans for individuals and small-groups. The move comes after reports that nearly five million Americans were being dropped from their existing plans because those plans didn’t meet the federal standards set by the Affordable Care Act, also known as ObamaCare. Lieutenant Governor Mary Taylor, who also serves as director of the Ohio Department of Insurance, has been a vocal opponent of the health care overhaul and says the Obama administration should’ve seen this coming.
“We very quickly realized that the types of coverage and the consumer choice we had in Ohio would not continue to exist under ObamaCare and so it was not possible for individuals to carry certain types of plans, those plans that better met their needs, under the new ObamaCare mandates and requirements,” says Taylor.
The president’s announcement follows a report that only 106,000 people were able to sign up for a new plan through the new health market in October, well below administration expectations.