– Obama: Government will tell insurers they can extend, through 2014, individual-market plans that otherwise would be canceled under Obamacare.
- But president notes not all state insurance commissioners may agree to extensions. Companies have a say, too.
- Some providers had been dropping customers because their existing policies don't work with new Obamacare regulations.
- Insurance trade group: Changing the rules now could result in higher premiums.
- Updates below. Also, see the full story.