President Obama announced a new proposition for a fix to the issue that has lost many Americans the insurance that they were perfectly fine with, and has even his own party turning against him, according to the New York Times. The fix could not come a moment too soon for the President, as Democrats have been expressing some frustrations over the failed rollout, as well as some unkept promises.
A house Democrat speaking anonymously before the announcement disclosed that insurance companies supplying current, but not future, policy holders with plans that are sub-par, according to the ACA, would be able to renew those plans for one year. But, there's a catch. They would be required to notify policy holders of alternative available coverage options, as well any benefits they might lose by staying on their existing plan, which Obama said is fine "until you get sick".
The announcement took place at 11:30 am, but earlier this morning, Nancy Pelosi dropped a hint about the content of the President's speech. “Stay tuned. It could be an administrative fix, it could be a legislative fix,” said Ms. Pelosi. “I would rather it be done administratively, because then it could be done much more quickly without any accompanying agendas.”
The announcement appears to be an attempt on the part of the administration to keep angry Democrats from voting for a Republican-backed law that is set to come up for a vote tomorrow. That law would allow Americans to keep their existing health coverage through 2014 without penalties, and is backed by popular Representative Fred Upton, Republican of Michigan and chairman of the Energy and Commerce Committee.
"I completely get how upsetting this can be for a lot of Americans," Obama told reporters Thursday, on a streaming broadcast on ABC.
The cancellation notices are estimated to affect up to 7 million Americans, many of those Obama is hoping will go to the "marketplace" to get better plans, since the new fix will only last for one year.
Several times during the announcement, the President said, "That's on me." or "That's on us." It certainly is on them, but is his own party throwing him under the bus in the face of extreme criticism after they have been trying to help him justify this thing for years? With recent polls showing that the majority of Americans don't think Obama is honest or trustworthy, this seems to be the case.
Time will tell how this fix will help the millions who are angry about losing the coverage they have depended on.
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