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President Barack Obama made a few important announcements Thursday when he addressed the nation about the insurance cancellations more than 4 million people have seen and the difficulties HealthCare.gov has faced the last month.
The president revealed that his administration will work on a way to offer a one-year “grandfather” extension for health insurance plans that were cancelled after not meeting the standards set by the Affordable Care Act despite the “if you like your plan, you can keep it, period” promise he made numerous times since 2009.
The extention would also require insurers to inform their customers about the protections these renewed plans wouldn’t include and that the HealthCare.gov exchange may offer new options with better coverage and subsidies that may help bring down the cost.
Obama also spoke about the website for his signature healthcare law. He embraced every problem that the website has encountered over the last month, fielded questions and mentioned a “fumbled ball” often.
“We fumbled the rollout on this health care law,” he said.
Is the president’s White House team too insular?
“I am very frustrated, but I’m also somebody who, if I fumble the ball, you know, I’m going to wait until I get the next play, and then I’m going to try to run as hard as I can and do right by the team,” he said.
And the website?
“We did fumble the ball on it,” he said.
Is the president confident the states’ insurance commissioners and insurance companies will allow those policies to be renewed for a year?
“So again, you know, these are two fumbles on something that, on a big game which, but the game’s not over,” he added.
Wow, I haven’t heard about this many fumbles since watching Adrian Peterson in 2008.
Of course the president had more to say other than his football references. You can read the whole transcript here: http://www.washingtonpost.com/politics/transcript-president-obamas-nov-14-statement-on-health-care/2013/11/14/6233e352-4d48-11e3-ac54-aa84301ced81_story.html