Obama allows canceled insurance plans to be renewed for one year
POSTED: Thursday, November 14, 2013 - 12:18pm
UPDATED: Thursday, November 14, 2013 - 8:01pm
Washington, D.C. (KETK) — President Barack Obama stated, Thursday, the "Obamacare" rollout has been "rough so far" and he has been deeply concerned about it.
The Obama administration offered a solution to address the problem of people getting cancellation notices from their health insurance providers due to the Affordable Care Act.
President Barack Obama repeated on Thursday that insurance cancellations under Obamacare is a development that "I deeply regret," adding that it's "scary to get" those notices.
The President announced he will allow canceled insurance plans to be renewed for one year and sources close to the insurance industry tell CNN that it looks like insurance companies will cooperate with President Barack Obama's proposed solution to the problem of health care plan cancellations due to "Obamacare."
Obama stated he was not informed the website was not working when the ACA rolled out.
"The HealthCare.gov website will "be a lot better" by month's end," President Barack Obama said on Thursday. He said part of the problem has been technology, but also noted that his administration underestimated the complexity of purchasing insurance online. He said a priority is to make the process simpler.
President Barack Obama said he will resist efforts in Congress to undermine Obamacare and that he's "not going to walk away" from 40 million Americans who don't have health insurance.
Stay with KETK for more updates on the ACA developments.