ROUGH CUT (NO REPORTER NARRATION)
The administrative fix offered by Obama would allow insurers to offer certain health plans in 2014 that do not meet the minimum requirements of the health reform law, but require the companies to spell out how the policies are substandard and what alternatives are available.
"This fix won't solve every problem for every person, but it's going to help a lot of people," Obama told reporters at the White House. "We're going to do everything we can to help Americans who received these cancellation notices."
The shift was designed to end a growing revolt by Democrats worried that the canceled policies, as well as the botched rollout of the government website for enrollment in the exchanges, would threaten their re-election bids in 2014.
Before the law went into effect, Obama had repeatedly promised that Americans who liked their health insurance plans could keep them under the Affordable Care Act, commonly known as Obamacare.