Moody's Investor Services has not been shy about criticizing the Obama White House on its PPACA delays and other moves and the administration's latest extension is no exception.
The ratings service said Monday that the law's open enrollment extension is "credit negative" for carriers because it increases the risk of anti-selection and will likely lead to higher premiums in 2015, further discouraging enrollment.
Last Wednesday, the administration announced it will grant extra time to consumers to complete commercial coverage applications in the states where it runs the public exchanges.
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