AP FACT CHECK: Despite woes Obamacare not in ‘death spiral’
House Speaker
And Senate Majority Leader
The problem with all these claims: They are exaggerated, if not downright false.
As congressional
In the process they are exaggerating the law's very real problems, according to health care experts, who largely believe that the Affordable Care Act's troubles with high prices and lack of competition could be addressed with bipartisan solutions.
But with
TRUMP, RYAN AND MCCONNELL: The law will "fall of its own weight," is in a "death spiral" and "has failed."
THE FACTS: Experts agree that the law is not currently in a "death spiral," an actuarial term that refers to a vicious cycle when rising insurance costs force healthy customers out of the marketplace, resulting in still higher prices, which cause even more customers to bail, etc., until the system collapses.
But some say that if the current situation continues, that is a likely or possible scenario. Health care premiums are jumping by double digits this year, and the health care marketplaces created by the law are short on the healthy consumers who make insurance companies profitable.
"It's not a failure in that 20 million people or more have insurance that didn't used to have insurance. Everything else, it's too early to judge," said economist
"To say that the exchange markets remain unstable and in turmoil is an appropriate statement," she said. "To say that they're in a death spiral really depends on what happens."
RYAN: "You cannot fix a fundamentally broken law; you've got to replace it."
THE FACTS: Experts agree that
Some predict that when
The health care exchanges, for example, could be improved with changes aimed at getting more young and healthy people to sign up, such as giving insurers more flexibility to charge older people higher prices.
"You could, I think, relatively simply address the issues that the exchanges have," said
MCCONNELL: Obamacare "didn't lower costs, it didn't increase choice."
THE FACTS: McConnell's comments are true in part.
The first five years of Obama's presidency saw historically slow growth in
And while the Affordable Care Act did increase choice initially in the individual market, that is not the case now with brand-name insurers bailing out of the online state markets, although the many Americans with employer-based health coverage have been insulated from such changes.
In about one-third of
"It depends for whom you're talking about," said
EDITOR'S NOTE _ A look at the veracity of claims by political figures


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