Post by Oscar Knight on Nov 16, 2013 11:25:45 GMT -6
Obamacare 'fix' creates new headaches, say insurers and regulators
(Reuters) - Insurers and state regulators say that President Barack Obama's "fix" for policies canceled under his healthcare reform law will create new problems for the industry and could lead to an increase in premiums.
Facing pressure by lawmakers from his Democratic Party, Obama said on Thursday that insurers could extend by a year policies that were due to be canceled in 2014 because they do not comply with higher standards of benefits and other requirements under the 2010 law, commonly called Obamacare.
Post by Oscar Knight on Nov 16, 2013 11:48:49 GMT -6
WASHINGTON — President Obama took his medicine Thursday for the botched rollout of Obamacare.
During an extraordinary hour-long news conference, Obama repeatedly said he deserves the blame of angry Americans for a debacle that has cast a shadow over his presidency and left Democrats anxious about the 2014 elections.
