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Peter Lee, executive director of Covered California. (AP Photo/Rich Pedroncelli)

SACRAMENTO, Calif. (AP) — The board overseeing California’s health insurance exchange voted unanimously Thursday to stick with its year-end deadline of phasing out more than 1 million individual health insurance policies that fail to meet requirements of the federal health care overhaul, turning aside a plea by President Barack Obama to let those policies continue.

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