Canceled U.S. health plans are disruptive part of reform: Cigna CEO

The hundreds of thousands of Americans whose individual insurance policies will be canceled as Obamacare takes full effect next year are experiencing a disruptive element of healthcare reform, the head of health insurer Cigna said on Thursday. In the past week, reports of pending plan cancellations have become a political problem for President Barack Obama, who promised years ago as he was pushing to pass the healthcare law that Americans who liked their health plans could keep them. Nearly half of U.S. consumers with individual health plans are also expected to qualify for tax credits to buy insurance on new state exchanges under Obamacare.