Time for everyone to point and laugh at Obama.

Via Bloomberg News:

California officials implementing President Barack Obama’s health-care overhaul rejected a one-year extension of insurance plans that are to be canceled under the law.

The president has urged states to give people with substandard medical plans an additional year to meet the law’s requirements after hundreds of thousands received cancellation notices and were told new policies to meet minimum rules for coverage would cost more.

“That’s making the best of not-great options, but I think it’s the best option and then we can focus in the coming months on the enrollment we need,” Peter V. Lee, the executive director ofCovered California, the health exchange, said today at a meeting in Sacramento.

California’s decision is critical to the rollout of Obamacare nationwide. The most populous U.S. state, which received almost $1 billion in federal grants to implement the Patient Protection and Affordable Care Act, led the U.S. in signups last month. The law requires all Americans to be covered next year or pay a penalty.