Insurers allow federal exchange policyholders to get covered now and pay later

Today’s headlines report that America’s Health Insurance Plans, a trade group representing 95% of the industry along with nearly all Blue Cross Blue Shield plans, has agreed to the Obama Administration’s urgent request to extend premium payment deadlines for federal exchange consumers beyond the original December 31 deadline.

Individuals seeking coverage through the exchanges have until December 23rd to enroll and pay for a plan beginning on January 1.  But the first month’s premium payment deadline has been extended to January 10th.  The extended payment deadline results from healthcare.gov’s tsunami of internal problems.

Read more here, here, and here.

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