State going along with Obama’s one-year grace period for cancelled insurance policies

Individual health insurance providers will have the final say, says the Department of Commerce and Insurance. From the inbox:

After gathering input and information from stakeholders across the state and working to analyze the impact of granting one-year extensions, TDCI Commissioner Julie Mix McPeak recommended allowing the policy extensions to mitigate any gaps in coverage that may have occurred as a result of the Affordable Care Act (ACA).

“We are allowing one-year extensions, however, it is at the discretion of Tennessee insurance providers to determine whether it is feasible to offer those previously cancelled policies,” McPeak said. “It is important that we have a diverse insurance market and that we’re providing Tennesseans with plans that are the best fit in terms of benefits offered and cost.”