Posted on November 7, 2013
Obama: Most People Will Be Better Off, "They Don't Necessarily Know It Right Now"
PRESIDENT OBAMA: You know, I regret very much that what we intended to do, which is to make sure that everybody is moving into better plans because they want 'em, as opposed to because they're forced into it. That, you know, we weren't as clear as we needed to be in terms of the changes that were taking place. And I want to do everything we can to make sure that people are finding themselves in a good position -- a better position than they were before this law happened.
Keep in mind that most of the folks who are going to who got these cancellation letters, they'll be able to get better care at the same cost or cheaper in these new marketplaces because they'll have more choice, they'll have more competition. They're part of a bigger pool. Insurance companies are going to be hungry for their business.
So, the majority of folks will end up being better off, of course, because the website's not working right. They don’t necessarily know it right [now]. But, even though it's a small percentage of folks who may be disadvantaged, you know, it means a lot to them. And it's scary to them.