March 07,2016

Press Contact:

Aaron Fobes, Julia Lawless (202)224-4515

Obamacare at Six Years: Six Disastrous Headlines

Obamacare Anniversary Marks Six Years of Broken Promises
Nearly six years ago President Obama's crowning achievement, Obamacare, was signed into law with promises to provide quality, low-cost insurance for all Americans.
Instead, American families and businesses have seen higher taxes and burdensome mandates, leaving them to struggle under the broken promises of this administration and its health law.
Each day new polls, data and headlines emerge with stories of Obamacare’s continued failings including mismanaged health insurance co-ops, disappointing enrollment numbers, rising premiums, more financial losses on the exchanges and complicated tax filing requirements.
The health law’s sixth anniversary is cause for anything but a celebration and reminds us it must be replaced with patient-centered reforms that offer lower costs and better access to quality care for all Americans.
The Senate Finance Committee will hold a hearing on Thursday, March 10, to examine the health law at it nears its sixth year on the books.
Here’s a look at six disastrous Obamacare headlines:
Wall Street Journal Editorial Board: More ObamaCare Losses
“…we continue to have serious concerns about the sustainability of the public exchanges…more needs to be done...”  (Feb. 1, 2016)
Associated Press: Health care law makes tax season tougher for small companies
“Even the most tax-savvy owners may find that do-it-yourself doesn't work when it comes to fulfilling the law's requirements.” (Feb. 3, 2016)
USA Today: Federal officials unsure how much will be recouped from failed health co-ops
“Federal officials still don't how much they will recoup of the $1.2 billion they spent on loans and startup costs for a dozen health care cooperatives that later failed.” (Jan. 21, 2016)
Los Angeles Times: Enrollment growth in Obamacare health insurance slower than expected
“…the nonpartisan Congressional Budget Office has lowered its estimate of how many people will get coverage through the law in 2016.” (Jan. 25, 2016)
Associated Press: Cancer patients snagged in health law’s tangled paperwork
“Hundreds of thousands of people lose subsidies under the health law, or even their policies, when they get tangled in a web of paperwork problems involving income, citizenship and taxes.” (Feb. 15, 2016)
Wall Street Journal Editorial Board: ObamaCare in Arrears
“…young people who should be cheap to insure don’t sign up to avoid artificially inflated prices, and the risk pool skews older and more expensive…HHS has no process to validate the claims people make when claiming one of these exemptions.” (Jan. 26, 2016)