President Obama: ‘I Am Sorry’ About Canceled Insurance Plans

In an interview with NBC News on Thursday, President Barack Obama apologized to those Americans who have received cancellation notices for their insurance policies, reports Politico.com.

“I am sorry that they are finding themselves in this situation based on assurances they got from me,” the president said in the interview.

President Obama is trying to clamp down on the negative media spin that he “lied” to Americans by saying consistently over the last two years, “If you are satisfied with your plan, then you get to keep it.”

That has not been the case.

As previously reported by NewsOne, lawmakers confronted the Obama administration last month with a wave of cancellation notices hitting small businesses and individuals who buy their own insurance.

At the same time, the federal official closest to the website apologized for its dysfunction in new sign-ups and asserted things are getting better by the day.

Medicare chief Marilyn Tavenner said it’s not the administration but insurers who are responsible for cancellation letters now reaching many of the estimated 14 million people who buy individual policies. And, officials said, people who get cancellation notices will be able to find better replacement plans, in some cases for less.

But that wasn’t the promise that was made, and President Obama is trying to rectify the situation as his approval rating sits right at 40 percent.