In Pivot, Obama Allows Americans to Keep Canceled Policies for 1 Year

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President Barack Obama pauses while speaking at Temple Emanu-El November 6, 2013 in Dallas, Texas. Obama spoke about the Affordable Care Act amid technical problems.
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After promises from President Barack Obama that Americans would be able to keep their health insurances plan if they like them, the president has come out to apologize for healthcare plan cancellations.

As the White House has gone on to explain, a majority of the plans that are being cancelled do not meet the minimum requirements of the Affordable Care Act (ACA).

But the Obama Administration pivoted on Thursday, saying that states and insurers can extend current policies canceled under the new healthcare law for one year, a move that allows insurers to offer consumers plans that would otherwise be cancelled.

Todd Zwillich, Takeaway Washington Correspondent, is with us to explain the changes coming from the administration.