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A health insurance trade group on Thursday was quick to warn of dire consquences after President Obama announced his decision allowing insurers to continue to offer health plans with their current terms rather than having to offer new coverage to meet a higher bar set by the Affordable Care Act.
"Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers," Karen Ignagni, president of said America's Health Insurance Plans, said in a written statement released shortly after Obama's announcement.
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