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Wis. Insurance Commissioners Office says President Obama’s promise is problematic

Did the President make a promise he can't keep?
GREEN BAY, Wis. (WFRV)--Hours after President Obama promised Americans that canceled insurance policies will be extended through 2014, the Wisconsin Office of the Commissioner of Insurance said that’s a promise the President might not be able to keep.

“It’s going to be more problematic that the President might have believed it to be,” said Dan Schwartzer, a Deputy with the Wisconsin Office of the Commissioner of Insurance.

The President told Americans during a special press conference Thursday that he heard American’s complaints ”loud and clear” and would work to ensure Americans can keep their plans.

“I’m not happy the rollout has been rot with problems,” said the President.

More than 5 million Americans have received cancelation letters because their current plans fail to meet new requirements under the Affordable Care Act.

The President said that it would be up to each state’s Insurance Commissioner to comply.

“You can’t un-cancel someone.  You would have to try and bring them back on and re-file the form and re-file the rates with the State Insurance Department,” said Schwartzer.

Fortunately, this won’t be an issue for people in Wisconsin he said.

Unlike states like California and Illinois that rejected a renewal plan, Wisconsin did not, so those plans are still valid.

For states where consumers are affected, the President said those plans can continue on two conditions.

First, insurance companies have to tell people what their plans don’t cover, and they have to let people know they do have the option of going onto the health insurance exchanges to buy new plans with federal government subsidies and perhaps go onto Medicaid.

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