Obama takes victory lap on Obamacare; says it’s ‘stable,’ challenges Trump to keep it going

[corbe]

Obama takes victory lap on Obamacare; says it’s ‘stable,’ challenges Trump to keep it going

By Stephen Dinan - The Washington Times
 Thursday, March 23, 2017

Former President Obama stepped into the Obamacare repeal fight Thursday, rejecting claims that his health law is in a “death spiral” and saying it can thrive — as long as President Trump properly administers it.

“The reality is clear: America is stronger because of the Affordable Care Act,” Mr. Obama said in a statement come just hours before the House is expected to take a vote to repeal the massive health law.

The former president said his law has saved nearly 100,000 lives by insisting on mammograms and vaccines as basic care, and improving hospital care.

He attempted to shoot down a number of criticisms of his law, saying that while millions do still lack insurance, denting his claims of universal coverage, millions more do have insurance thanks to Obamacare.

He also said that while health prices are rising — contrary to his goal of bending the cost curve — they’re going up at a slower rate than previous decades. Analysts say that was chiefly due to a pause in the hike of prescription drug costs, and say the future likely will see bigger increases, even under Obamacare.

Most critically, though, Mr. Obama said his law is not in the dreaded “death spiral” that Republicans and some health executives have said. Under the death spiral, young healthy customers are chased from the marketplace by rising costs, leaving an older, sicker population that then requires even higher premiums and deductibles, spiking prices even higher — and chasing more people from the market.

<..snip..>

http://m.washingtontimes.com/news/2017/mar/23/obama-takes-victory-lap-obamacare-says-its-stable/?=RSS

[Frank Cannon]

I hope Obama keeps it up with these insane statements. It is hilarious.