Insurance Commissioner Breaks Down Policy Cancellation Numbers
For the most part, health insurance policies that were canceled in Connecticut had little or nothing to do with mandates of the new federal law.
So says Connecticut Insurance Commissioner Thomas Leonardi.
He says 27,000 of the 1.4 million policies were canceled in Connecticut.
Leonardi goes on to say one-third or nine thousand policies were canceled at least in part to the Affordable Care Act.
The commissioner, on the WTIC Morning Show today, said insurance companies have been doing their normal routine of examining policies and making cancellations as as they normally would.
Leonardi says his department will determine if it will allow policies to be extended by a year, as proposed by President Obama Friday.
He says he understands people are upset and confused and that his department is working to “figure this one out”.