The Hill is reporting that Obama Admin is going to provide further relief for health plans that would not be legal under Obamacare regulations. Prior to the delay, these plans would need to be cancelled on or after October 1, 2014, when they renew. It is expected that these plan cancellations would be followed by rate shock as employers and individuals are offered more-expensive compliant plans.
The article says it has not been determined what the duration of the delay will be, but some speculate it will last beyond Obama’s term in office.
Here is The Hill article: