PRESIDENT OBAMA: I donâ€™t think that an employer-based system is going to be, or should be, replaced anytime soon. But what the Affordable Care Act does do is it gives people some flexibility. It says if Iâ€™m working at a big company like IBM or Google, and I decide I want to start my own company that Iâ€™m not going to be inhibited from starting a new company because Iâ€™m worried about keeping health insurance for myself and my family. I can go make that move. If Iâ€™m a woman who is -- and Iâ€™d really like to work with him on the farm, but we can't afford health insurance on our own, so Iâ€™ve been working at the county clerkâ€™s office for the last 10 years -- now maybe Iâ€™ve got the opportunity to no longer work in a different job and instead work on that farm and increase the likelihood of economic success for my family.
So itâ€™s giving people more flexibility and more opportunity to do what makes sense for them. And ultimately I think that's going to be good for our economy.
But we understood from the state that there were going to be some challenges in terms of transition. When youâ€™ve had one system where a whole lot of people did not have any health insurance whatsoever for a very long period of time, and we finally passed a law to fix that, we knew that there were going to be some bumps and transitions in that process. And that's what weâ€™re working with all the stakeholders involved to address.