Obama Announces One Year Optional Delay In Requiring Insurance Companies To Cancel Policies (+video)

Photo Credit: Breitbart By David Espo and Julie Pace.

Bowing to pressure, President Barack Obama on Thursday announced changes under his health care law to give insurance companies the option to keep offering consumers plans that would otherwise be canceled.

The administrative changes are good for just one year, though senior administration officials said they could be extended if problems with the law persist. Obama announced the changes at the White House.

“This fix won’t solve every problem for every person, but it’s going to help a lot of people,” the president said.

But it was unclear if state officials, who would have to implement the changes, would go along. Insurers also had concerns.

The National Association of Insurance Commissioners said the president’s proposal could undermine the new health insurance markets his law seeks to create.

Read more from this story HERE.

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‘Fairy Tale’ Continues as Obama Proposes Extralegal Obamacare Fix

By Daniel Halper.

Earlier this week, former President Bill Clinton advised President Obama to “honor the commitment” he made and to allow Americans to keep their health care plans, if they like them. That was a central promise Obama made when he sold Obamacare, but one that turned out not to be true when Obamacare began to be implemented last month.

“So I personally believe, even if it takes a change to the law, the president should honor the commitment the federal government made to those people and let them keep what they got,” Clinton in an interview released Tuesday.

Now President Obama is taking Clinton’s advice and trying to honor that commitment. In remarks today at the White House today, Obama said, “I completely get how upsetting this can be” to lose insurance plans that I promised Americans would be able to keep. “To those Americans, I hear you loud and clear.”

But there’s a catch with president’s proposed solution. The president is not proposing that the law be changed to allow all health insurance plans grandfathered into Obamacare’s eligibility requirements.

No, instead the White House is saying that it will use “enforcement discretion” to allow illegal health insurance plans to be able to still be sold. That is, the Obama administration will not enforce the penalty on individuals for not having eligible health insurance plans and they’ll allow the insurance companies to still sell so-called bad plans — plans they technically can’t sell under Obamacare.

Read more from this story HERE.