President Obama Apologizes to People Who Lost Health Insurance (Video)

| by Michael Allen

President Obama apologized to Americans today whose health insurance care policies were canceled by insurers that refused to change existing policies to meet the standards of the Affordable Care Act, also known as Obamacare.

“I am sorry that they are finding themselves in this situation based on assurances they got from me,” Obama told NBC News (video below). “We’ve got to work hard to make sure that they know we hear them and we are going to do everything we can to deal with folks who find themselves in a tough position as a consequence of this.”

Back in 2006, President Bush didn’t apologize for his disastrous roll out of his new Medicare drug program that left millions without their medication. The situation was so dire in January of 2006 that then-Arkansas Governor Mike Huckabee, a Republican, declared a public health emergency, reported The New York Times.

Last week NBC News reported that the Obama administration knew that many individual plans could be canceled in 2010, even though the president assured Americans they could keep their plan.

People who buy individual insurance plans, about 5 percent of Americans, could have their insurance canceled per their insurance company’s choice.

Consumer Reports noted in 2012 that millions of Americans had signed up for “junk” insurance plans, which barely offered any coverage at all. Those so-called “mini-meds” plans are no longer legal under Obamacare as they were under previous presidents.

Colorad’s Department of Insurance announced today that 250,000 people will lose their health insurance plans because they don’t meet the standards of Obamacare and because insurers don’t see enough profit in keeping their sick customers, noted Fox 31.

Sources: The New York Times, Fox 31, Consumer Reports, NBC News