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California health officials reject Obama’s offer to delay insurance cancellations
Sacramento Bee

California’s health insurance exchange on Thursday declined a presidential invitation permitting insurers to grant extensions to more than 1 million customers with policies set to terminate at year’s end.

Covered California officials said they were reluctant to give insurance companies more time to terminate individual policies that don’t conform to the federal heath care overhaul. The cancellations apply to individual plans purchased after passage of the health law in March 2010.

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