President Obama on Thursday morning will unveil his fix for the millions of Americans receiving cancellation notices for their insurance plans, a proposal that comes as Democrats have urged the White House to address the glaring political liability.
The president, who has been on the defensive for his broken promise that all Americans could keep their insurance coverage under Obamacare, will speak at 11:35 a.m. from the White House briefing room.
House Minority Leader Nancy Pelosi, D-Calif., said earlier Thursday that Obama would offer a plan to help those who have been dropped by their insurers because of the new health care law.
The White House proposal comes as a growing number of Democrats have put forward legislation of their own that would allow Americans to keep their medical coverage, even if it doesn’t meet Obamacare standards.
Sen. Mary Landrieu, D-La., has authored a bill that would temporarily allow Americans to keep plans issued before Obamcare became law. On Wednesday, Sen. Mark Udall, D-Colo., introduced separate legislation that would allow Americans to keep their plans for two years.
Obama has seen his approval ratings hit an all-time low amid the intense focus on the problem-ridden healthcare.gov website and his now infamous insurance pledge that “if you like your plan, you can keep it.”
The president said last week that he was sorry that some had lost their plans, but insisted Americans could find better coverage at lower costs under Obamacare.
Figures released by the administration Wednesday showed that just 106,000 people signed up for Obamacare exchanges during the first month of open enrollment. Fewer than 27,000 of those enrollments came through the online federal marketplace.