State Insurance Commissioner Sandy Praeger says Kansas health insurers are scrambling to comply with a new directive on the Affordable Care Act. President Obama announced yesterday (THUR) that consumers will be allowed to temporarily keep sub-standard health insurance plans that don’t meet the minimum requirements of the ACA. But Praeger says she expects the state's biggest health insurer – Kansas Blue Cross Blue Shield – to figure out a way to reverse thousands of policy cancellations already in the works.
It could be costly for both the company and customers. If enough people opt to keep sub-standard plans, Praeger says, it could force those who purchase more comprehensive coverage to pay higher premiums.