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And another company announces:
XXX is committed to offering products that policyholders value while maintaining a strong financial position. One of the significant changes under the recently-enacted health reform law and subsequent federal rules is a guaranteed issue requirement that takes effect later this month for all children under 19. The new environment created by the guaranteed issue provision poses unique risks that could undermine our ability to offer value and meet our continued obligations to existing policyholders. As such, XXXis discontinuing all new sales of child-only policies.
XXX=HA
XXX is committed to offering products that policyholders value while maintaining a strong financial position. One of the significant changes under the recently-enacted health reform law and subsequent federal rules is a guaranteed issue requirement that takes effect later this month for all children under 19. The new environment created by the guaranteed issue provision poses unique risks that could undermine our ability to offer value and meet our continued obligations to existing policyholders. As such, XXXis discontinuing all new sales of child-only policies.
XXX=HA