The decrease in plan selections could likely be due to lower demand
for exchange coverage, the Centers for Medicare and Medicaid
Services (CMS) said.
About 11.4 million people signed up for 2019 healthcare plans,
according to the CMS.
The agency also said it was issuing guidance to allow issuers to
continue certain health plans, often referred to as "grandmothered"
plans, by one year. Such plans do not meet all the rules under the
Obamacare laws.
[to top of second column] |
"Not extending the grandmothered plan policy would ... force people
to decide between buying coverage they cannot afford on the
individual market or going uninsured," CMS Administrator Seema Verma
said.
(Reporting by Manas Mishra in Bengaluru)
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