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WASHINGTON-President Barack Obama will offer a fix for people facing health insurance policy cancellations as a result of his Obamacare health care law. Obama will make the announcement at 11:35 a.m. ET.
Earlier Thursday, House Democratic Leader Nancy Pelosi D-Calif., said Obama will offer a fix today for people whose health insurance policies were cancelled as a result of his Obamacare health care law while House Democrats are also working on a plan.
'The president will offer a proposal today is my understanding and we have our own proposal which we think is really good. But we'll see. And it has to be done in the next little period, Pelosi said, referring to cancellations kicking in on Jan. 1.
Speaking at The Atlantic Ideas forum, Pelosi said, 'So again, stay tuned. It could be an administrative fix, it could be a legislative fix. I would prefer an administrative fix because it could be done much more quickly without any accompanying agendas.'
Pelosi's comments come as Congressional Democrats-in particular those with big 2014 contests-are angry at the Obama White House, with cancellations of health insurance policies far more a political threat than the botched Obamacare website and the resulting initial low enrollments. My Thursday column on how frustrated Democrats are demanding Obama White House offer a plan for people jolted by policy cancellations is HERE.http://bit.ly/187zhqt
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