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UPDATE: Obama gives insurance companies option to retain canceled plans

Thursday, November 14, 2013 | 11:31 a.m. CST; updated 4:39 p.m. CST, Thursday, November 14, 2013

WASHINGTON — Bowing to pressure, President Barack Obama on Thursday announced changes to his health care law to give insurance companies the option to keep offering consumers plans that would otherwise be canceled.

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