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Thu March 6, 2014
Kansas Will Allow Extension Of Non-ACA-Compliant Insurance
Kansas insurers will be allowed to renew for an additional year health insurance policies that do not comply with Affordable Care Act requirements.
The Kansas Insurance Department announced Thursday that it would accept the Obama administration’s offer for states to extend policies that do not comply with new federal health insurance requirements.
The offer came as part of new Affordable Care Act regulations issued by the Department of Health and Human Services on Wednesday.
Those policies that do not comply with Affordable Care Act requirements may now be renewed through October 1 of 2016, following a previous year-long extension issued in November, 2013.
In a statement, Kansas Insurance Commissioner Sandy Praeger acknowledged she had concerns about the long-term effects the extension might have on the insurance market.