WASHINGTON — The District of Columbia’s insurance commissioner is expressing disappointment with President Barack Obama’s announcement that canceled insurance policies can be extended for one year.
District officials have enthusiastically supported the president’s health care overhaul and have set up their own insurance exchange.
Insurance commissioner William White declined to comment Thursday on whether he will allow canceled policies to be extended in the district. But he said in a statement that the president’s announcement “undercuts the purpose of the exchanges,” including the district’s, “by creating exceptions that make it more difficult for them to operate.”
White says he agrees with the National Association of Insurance Commissioners that extending canceled policies could lead to higher premiums.
More than 21,000 district residents have been told their individual policies will be canceled.
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