Anthem granted the extension after discovering it had missed the state-required 90-day notice of cancellation. The extension will only affect about a quarter of the estimated 400,000 Anthem Blue Cross of California policyholders whose plans are being canceled because they do not comply with the standards set in the Patient Protection and Affordable Care Act, according to the report.
Thousands of Americans nationwide have received notification from their insurers of canceled plans. Under the PPACA, plans that went into effect or underwent certain changes after healthcare reform became law in March 2010 must meet new coverage requirements, such as coverage for prescription drugs, emergency department care and maternity care.
Last week, President Barack Obama apologized to all Americans whose policy had been canceled during an interview with NBC News.
More Articles on the PPACA:
Study: What Twitter Reveals About Public Perception of PPACA
Maryland Delays Small Business Exchange Launch Due to Site Issues
Only 5 Enrolled Through D.C. Health Insurance Exchange So Far
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit