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Thursday April 24th 2014

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Anthem Blue Cross Extends Some Canceled Policies

AnthemBlueCrossBecause it sent termination notices later than California rules allow, Anthem Blue Cross is extending 104,000 canceled policies through February. California’s largest for-profit insurer is offering more time to a small portion of its canceled policyholders because the insurance giant didn’t send termination notices in time under state rules. This move comes at a time when an estimated 1 million Californians and several million more nationwide stand to lose their existing health insurance at the end of the year because it doesn’t meet all the requirements of the Affordable Care Act according to a report in the Los Angeles Times.