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Consumers get two more years on old health plans

Americans with health coverage that pre-dates Obamacare can stay on their plans for two more years.

By Alex Wayne | Updated on March 05, 2014
President Barack Obama. (AP Photo/Charles Dharapak)

March 5 (Bloomberg) — With mid-term elections bearing down, the government changed its regulation of Obamacare to give consumers and states more flexibility to decide on their health plans, insurers more time to sign up customers and taxpayers a chance to avoid more costs.

The changes, announced today by the Health and Human Services Department, will smooth enactment of the Patient Protection and Affordable Care Act, administration officials said. Republicans accused President Barack Obama of making them help congressional Democrats survive an unpopular law.

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