From the August 16 Politico article titled, “President Obama blasts insurers, again” (emphasis added):

Obama, facing declining poll numbers and a week when congressman have been shouted down by constituents at raucous health care meetings, used the radio and internet address to explain and tout his plan and to take on his critics, insisting that opposition to reform amounts to embracing “a health care system that works better for the insurance industry than it does for the American people.”

He said that the talk of “death panels” was one of the “scarier-sounding and more ridiculous rumors out there” -- the provision in drafts of the bill calls for end of life counseling and has been taken out of the Senate version of the health care bill.

Previously:

Provision Palin spokeswoman Stapleton reportedly pointed to requires Medicare to cover voluntary end-of-life counseling sessions