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California Rejects President’s Obamacare Fix



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If your health-care plan has been canceled and you’re a California resident, you won’t be able to keep it. The board of directors of the state’s insurance exchange, Covered California, rejected President Obama’s request that states allow insurance companies to extend through 2014 health plans that do not meat the minimum standards mandated by the Affordable Care Act. Covered California announced the decision in a tweet on Thursday afternoon. 

The Golden State follows several other blue states that have said no to the president’s proposed solution. New York, Washington, Rhode Island, and Minnesota, among others, have already announced that will not be going along with the fix, allowing canceled plans to expire at the end of the year and leaving consumers on the individual market to shop for new and, at times, more costly policies. 



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