LANSING, MI (WLNS) – The health insurance industry says companies will give consumers more time to pay January’s premiums under President Barack Obama’s health care law.
The move is an attempt to head off potential problems as the Obama administration renews millions of current customers while trying to accommodate new ones as well.
Customers with private insurance have to renew their coverage every year, but 2015 is the first renewal year for the health law.
The process involves a massive electronic data transfer from the government to insurers. Last year many filers had errors.