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Jamie Court discusses extensions and changes to the Affordable Care Act. President Obama announced Thursday the decision to grant a one-year reprieve on those health-care policies that would have otherwise been canceled under Obamacare. Reports estimate 4 to 5 million cancellation notices have been issued nationwide to date — over a million expected in California alone. Policyholders could now have the option to keep their current plan while shopping for new plans under the healthcare.gov website.