President Obama shrugged off Friday what he coined Republican "fearmongering" and said the healthcare law is working the way it's supposed to, The Hill's Healthwatch reports.
Obama criticized the GOP for using scare tactics over the effects of the healthcare law. He says early results indicate the system is working as intended, although industry experts say the true measure of the law's success will be known once new insurance marketplaces open this fall in states across the country and enrollment for the new coverage options begin.
But Obama pointed to California, as one of several states that shows early success, according to Healthwatch. Californians will be able to choose among 13 insurance companies for coverage at premiums lower than expected. In addition, marketplaces in Washington, Oregon and Vermont are expected to offer affordable premiums. "You can listen to a bunch of political talk out there, negative ads and fearmongering geared toward the next election, or alternatively you can look what's happening in states like California right now," Obama said.
(Excerpt) Read more at fiercehealthcare.com ...
