Lee Says Obamacare Provides More Reilable Coverage

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Oct. 29 (Bloomberg) -- Peter V. Lee, executive director of Covered California, the state's health insurance exchange, talks with Bloomberg's Alison Vekshin about the cancellation of insurance plans under the Affordable Care Act and the health-law's benefit standards. The cancellations come as a result of the 2010 act, which says that health insurance policies that fail to offer added benefits, such as prescription drug coverage and free preventive care, can't be sold after this year even if they're cheaper. (Source: Bloomberg)

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