WASHINGTON, D.C. – U.S. Senator Angus King (I-ME) released the following statement today after President Obama announced that he would be directing his Administration to pursue an administrative fix to the Affordable Care Act that will allow health insurance companies to renew plans that do not meet the standards set forth by the new law:

“I have been disappointed by the Administration’s flawed rollout of the Affordable Care Act, particularly its failure to create a functional website the problems with which are now preventing Mainers and Americans from finding and enrolling in new health insurance plans.

“I have also been troubled by the stories of people receiving health insurance cancellation notices. The fact is that President Obama reassured Americans with a simple and straightforward promise: if they liked their health insurance plan, they could keep it. That assurance, however, was clearly not accurate, which is why I am pleased that he took a step today to fully honor his promise. I agree with his decision to pursue an administrative fix that will allow individuals the opportunity to stay on their existing plans for an additional year while they explore new options once the website issues are resolved. It will allow people more time to consider their options while continuing their current coverage.

“It’s important to keep in mind that the entire goal of the Affordable Care Act is to offer higher quality health insurance to more people at a more affordable price, and I will work with my colleagues in pursuit of that.”

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