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Cigna CEO: Canceled US health plans are disruptive part of reform

By Reuters  
   November 01, 2013

The hundreds of thousands of Americans whose individual insurance policies will be canceled as Obamacare takes full effect next year are experiencing a disruptive element of healthcare reform, the head of health insurer Cigna said on Thursday. In the past week, reports of pending plan cancellations have become a political problem for President Barack Obama, who promised years ago as he was pushing to pass the healthcare law that Americans who liked their health plans could keep them. While that remains true for most people with insurance, a small percentage of the 17 million Americans with individual policies are now getting notice that they will terminate next year because they do not comply with new benefits required by Obamacare.

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