After Obama meeting, insurers question plan’s workability

After Obama meeting, insurers question plan’s workability

A day after they were caught off guard by President Obama’s proposal to prevent cancellation of insurance policies for millions of Americans, top executives of some of the biggest insurance companies emerged from a meeting at the White House on Friday, expressing mixed feelings about whether the idea could work in every state.

The hastily called meeting was an attempt by the White House to address the growing frustration of the nation’s insurers over the administration’s fumbling of the health care law. It came just a day after the president announced on television that insurers could now continue coverage for people whose policies were being canceled because they did not meet the new law’s standards.

The cancellations had left the president vulnerable to assertions that he had gone back on an often-repeated promise that consumers could keep their current plans if they were happy with them.

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