THE BRONX - President Obama has apologized to Americans who have been receiving notice from their insurance companies that their policy has been dropped due to new Affordable Care Act regulations.

"I'm sorry that they are finding themselves in this situation, based on assurances they got from me," said President Obama. "We weren't as clear as we needed to be, in terms of the changes that were taking place."

Some Bronx residents News 12 spoke to are calling the situation terrible and say they fear overwhelming health insurance bills. Others told News 12 that they never fully believed the president's message in the first place.