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Nixon Announces Extension of Insurance Plans Set to Expire

Gov. Jay Nixon has announced that insurance plans previously set to expire on Dec. 31 will be allowed to continue until 2014.
(JEFFERSON CITY, Mo.) Gov. Jay Nixon has announced that insurance plans previously set to expire on Dec. 31 will be allowed to continue until 2014.

The Governor made the announcement today that the Missouri Department of Insurance will notify health insurers serving individuals and small groups that Missouri-compliant plans can be extended.

"Today's announcement seeks to address the recent uncertainty and disruptions policyholders have faced as a result of federal regulations and is yet another example of how states are better-positioned to provide efficient and effective oversight of the insurance market," Nixon said in a statement.

"In an effort to give Missourians as many insurance options as possible, the department will expedite the process for health insurance companies wishing to continue their Missouri-compliant plans into next year," said John M. Huff, Director of the Missouri Department of Insurance. "The department has not identified any Missouri law prohibiting this coverage to continue, so we will continue to communicate with affected Missouri insurance companies to ensure that the best interests and needs of the consumers are met."
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