BALTIMORE - Maryland's insurance commissioner plans to meet with carriers before deciding how to act on President Barack Obama's announcement that canceled insurance policies can be extended for one year.
The Maryland Insurance Administration said in a statement Thursday that "the president's announcement presents a number of complex issues." Insurance commissioner Therese Goldsmith plans to seek input from insurance companies and other parties before deciding what to do about policies that have been canceled and may now be extended.
About 73,200 Maryland residents have been told that their insurance will be discontinued under the federal health care overhaul.
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