3 hurdles Obamacare fix must overcome

CNN Political Ticker

New York (CNNMoney) — President Obama now says that it’s okay with him for people to keep their individual health insurance plans for another year. But he doesn’t have the power to renew their policies.

Under attack after insurers terminated non-Obamacare compliant policies for millions of Americans, Obama said Thursday the administration will allow state insurance commissioners and insurers to extend current policies through 2014 even if they don’t meet all the health reform requirements.

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