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Canceled Health Insurance Plans

President Barack Obama in the White House Briefing Room (AP Photo)

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WASHINGTON (AURN) -- President Barack Obama announced a fix to the vexing problem of canceled health insurance policies Thursday. He told insurers they don’t have to cancel plans next year just because of the Affordable Care Act. 

Bowing to pressure, the presdient will insurance companies the option to keep offering consumers plans that would otherwise be canceled; companies are not required to take that step.

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