Committee on the Budget House of Represe

The Failures of Obamacare Committee on the Budget House of Represe

Obamacare has done damage to patients, medicine, workers, and the economy. After 6 years, no one can dispute that this law has been nothing but a series of broken promises. Patients have lost their doctors and their insurance plans, premiums and deductibles have skyrocketed, and small businesses have been forced to reduce their benefits and wages or put off hiring of new workers altogether. Obamacare was sold as a solution that would tackle one of the biggest problems in our healthcare system, the rising cost of insurance. President Obama promised the law would lower premiums by $2,500 a year for an average family. In reality, the complete opposite has been true. Average family premiums have risen by $4,300 and deductibles have risen by 60 percent in the employer-sponsored market. For working folks across the country, more money out of their paychecks just to pay for health care makes life much harder. What are Americans getting in exchange for these higher costs? Twenty million Americans have said that Obamacare just is not worth the cost or the trouble, choosing to pay a fine or to file an exemption instead. And for those who do have insurance, access to care has not improved.