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Fitch: Health Insurance Policy Extension a Negative for Insurers

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings believes the decision by the Obama administration to enable insurers to extend health insurance policies that had recently been cancelled as part of the Affordable Care Act's (ACA) roll-out is a net credit negative for health insurers. The policy extensions could lead to deterioration in the risk pool characteristics of the ACA's health insurance exchanges that were not contemplated when the exchanges' premium rates were set, Fitch says. This would likel Reported by Business Wire 3 days ago.

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