Another Blow: 39 Dems Join House's Obamacare Fix

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The Republican-controlled House of Representatives passed legislation intended to rescue consumers who have been losing their insurance because of President Barack Obama's Affordable Care Act.

The bill would allow insurance companies to keep offering policies that are being canceled because of Obamacare. The Keep Your Health Plan Act passed with the help of 39 Democrats.

"HR 350 offers a legislative solution to help americans get a lifeboat, a life raft out from under the crushing weight of (the Affordable Care Act)," Rep. Michael Burgess, R-Texas, said.

President Obama has threatened to veto the House bill if it reaches his desk.

The House vote came after the president did an abrupt about-face Thursday, saying Americans could keep their insurance plans, as he had promised, for another year.

"We did fumble the ball on it. And what I'm going to do is make sure that we get it fixed," Obama said.

The announcement was a huge relief for Democrats who could be unseated in elections next year because of voter fury over Obamacare.

"The president's announcement was a great first step and we will probably need legislation to make it stick," Sen. Mary Landrieu, D-La., said.

But House Speaker John Boehner, R-Ohio, warned, "When you look at Obamacare, frankly, I don't think there's a way to fix it."

Cancelled plans now have to be re-priced and filed with state regulators for approval. Then, it's up to state insurance commissioners to implement the changes. The whole process usually takes months.

Washington state has already aid it's not a viable fix. It's a big black mark on the president's signature achievement, and the Democrats who supported it.

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