CHARLESTON, W.Va. -- West Virginia will not allow people whose insurance plans have been canceled because of the Affordable Care Act to keep those plans for one more year.
State Insurance Commissioner Mike Riley announced Thursday that West Virginia would not adopt the "single-year" re-enrollment proposal from the Center for Consumer Information and Insurance Oversight.
"The abrupt CCIIO proposal comes at a time when West Virginia employers, citizens and insurance carriers have already made extensive changes to comply with the new law," Riley said in a statement.
"In order to avoid further confusion, provide market stability, mitigate potential rate impacts of the CCIIO proposal, and regulate the West Virginia insurance market in accordance with the existing law, we have decided to maintain our current direction," Riley continued.
"After completing our analysis, we concluded that our insurance marketplace and policyholders were given a transition period that is consistent with the existing law. We will continue to monitor any future developments to ensure we protect the interest of West Virginia's citizens."
President Obama recently announced that states have the option to allow insurance companies to renew insurance plans that do not meet the requirements of the Affordable Care Act. That would have meant that those plans that don't meet ACA requirements could have renewed those plans in 2014 and kept them into 2015.
The announcement came after Obama was pressured to live up to his promise that under the ACA, people who like their insurance plans could keep them.