9.06pm GMT

We're going to wrap up our live blog coverage for the day. Here's a summary of where things stand:

• President Obama announced new rules under the Affordable Care Act that would make it possible in some cases for consumers to hold onto insurance policies they like for at least one year even if those policies are noncompliant with new health care guidelines. The change was ostensibly an attempt by the president to make good on his promise that "if you like your policy you can keep it."

• It's unclear how or whether the president's proposed "administrative fix" would work. One state insurance commissioner almost immediately said he would not give insurers the option of extending old plans. Insurers themselves may opt not to extend policies they've already cancelled.

• A chastened Obama admitted the administration "fumbled the rollout" of the health care law and said enrollment in health care exchanges so far was disappointing. Obama acknowledged the debacle had hurt Democrats, which he said he felt bad about.

• There were signs that the president's fix had succeeded in quelling the rebellion of congressional Democrats, who were moving forward with legislation to make a similar fix. That legislation appeared to move to the back burner. House speaker John Boehner rejected the fix, saying "there is no way to fix this."

• The new rules require insurers to describe the shortfalls in their own products. Insurance companies would have to warn consumers what protections their policies don't cover and would have to inform consumers they might get a better deal on the exchanges.