Smoothing the transition.
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Following a string of setbacks, the Obama administration reportedly is considering yet another extension of existing individual health insurance policies in an effort to smooth the transition to the federal exchanges under the Affordable Care Act.
Aetna Inc. Chairman and CEO Mark Bertolini told analysts during a conference call he heard the plans could be extended. So did Avalere Health CEO Dan Mendelson.
Meldelson said the Obama administration may decide to let policyholders keep their coverage for an additional three years but refused to confirm if a decision had already been made on the subject.