Here are five things to know:
1. Health Republic, an ACA insurer, will shut down by Nov. 30. The insurer didn’t receive the expected amount in federal payments, and its prices were too low.
2. The insurance company provided inadequate financial reporting.
3. New York is extending the deadline for new enrollment from Nov. 15 to Nov. 30. The new plans start Dec. 1.
4. Those who fail to enroll in new plans will be placed on another state health insurance exchange, which they can refuse.
5. Health Republic involves 200,000 people in New York.
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