Business
5:55 am
Fri December 20, 2013

Administration Offers A Stopgap Health Insurance Option

Originally published on Fri December 20, 2013 10:13 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with more changes to Obamacare.

(SOUNDBITE OF MUSIC)

GREENE: Millions of Americans facing canceled health insurance policies under the Affordable Care Act will no longer be fined for being uninsured in the new year. Instead, they can now enroll in basic coverage, previously available only to those with a hardship exemption.

The administration hopes this will make for a smoother transition to new policies for those whose insurance was canceled under Obamacare. But insurers say this move will just cause further confusion. Transcript provided by NPR, Copyright NPR.