Obama Is Wrong, Republican Warnings About Obamacare Are Coming True

November 7, 2016

President Obama claimed last week at a campaign event for Hillary Clinton that Republicans' predictions about the Affordable Care Act have been proven wrong.

"The parade of horribles that Republicans have talked about haven't happened," Obama told a crowd of supporters in Florida on Thursday.

The "parade of horribles" Obama referred to is the multiple warnings from Republican officials who said that Obamacare will increase the cost of health insurance for Americans, cause Americans to lose their current health insurance plans, and hurt small businesses and their employees.

Back in February 2010, Obama held a summit with congressional leaders from both parties to debate health care reform. Several Republicans directly warned Obama during the summit that his health care reform plan would have significant adverse effects.

"This bill does not control costs," Rep. Paul Ryan (R., Wis.) said at the time.

"Premiums will rise in the individual market," Sen. Lamar Alexander (R., Tenn.) said directly to Obama.

"Between eight million and nine million people might very well lose the coverage they have," former Rep. Eric Cantor (R., Va.) added.

It appears Republican warnings about Obamacare became a reality. The Obama administration announced two weeks ago that health insurance premiums will increase by double digits next year. In 2013, millions of Americans received cancellation notices from their health insurance companies saying their current coverage was being cancelled. Many of the plans were cancelled because they did not meet the new standards and regulations that were put into place by Obamacare.

This resulted in Obama being awarded lie of the year by PolitiFact for his 'If you like your health care plan, you can keep it' promise.

Despite all the evidence, Obama still thinks Republicans' predictions about Obamacare never happened.