That is a lie.
Here is Obama himself answering the question of a woman whose mother had a pacemaker installed at age 100 - after the first surgeon said she was too old. She's now 105.
Apparently he did not anticipate that this would become a big issue and answered truthfully, trying to appear to be a prudent manager of health care resources. Now he's denying that he meant what he said.
Exaggeration? Here's what happened under the British national health care system. (via Instapundit)
BRITISH HEALTH CARE: “A MUM suffering chest pains died in front of her young son hours after being sent home from hospital and told to take painkillers. Debra Beavers, 39, phoned NHS 24 twice in two days before getting a hospital appointment. But a doctor gave what her family described as a cursory examination lasting 11 minutes, before advising her to buy over-the-counter medicine Ibuprofen.”
How is the British health care system responding? There is an amazing similarity to Obama's response:
NHS 24 executive nurse director Eunice Muir said: "We can confirm Ms Beavers contacted NHS 24 and that her onward referral was managed safely and appropriately.
The government health care system did the right thing for the government health care system. It will not be spending any more money on Debra Beavers. Don't like the result? Tough.