President Barack Obama pressed top U.S. insurers to help consumers cope with the rocky start of his health-care law as the Republican-led House passed a bill that would let Americans keep their current policies through 2014.
President Barack Obama’s one-year reprieve for Americans losing health insurance achieved at least one political aim: to slow a Democratic rush toward a bill to curtail Obamacare coming to a vote today in the House.
President Barack Obama sought help from 15 insurance industry executives, including those from Humana Inc. and Blue Cross Blue Shield, to minimize disruptions for consumers amid a rocky start for his health-care law.
Just hours after President Barack Obama announced a one-year reprieve for canceled insurance plans, industry executives warned it would cost taxpayers and consumers while state officials split on their support for it.
President Barack Obama told executives with insurers including Cigna Corp., Humana Inc. and Blue Cross Blue Shield that he wants to work with them to make sure consumers understand their choices amid a rocky start for his health-care law.
The health-care industry will change its focus from expanding the insurance market to reining in medical costs now that the U.S. presidential election has been decided, said Karen Ignagni, chief executive officer of America’s Health Insurance Plans.