March 23, 2015

Crapo On the Five-Year Anniversary of Obamacare

Says law has slowed job growth, left Americans with fewer choices and increased costs

Washington, D.C. -Idaho Senator Mike Crapo, a senior member of the Senate Finance Committee, today released the following statement on the five-year anniversary of the President signing Obamacare into law:

"After five years, Obamacare has more than proven itself unworkable.  Contrary to the many promises made about the law, Obamacare has pushed millions of Americans, including thousands of Idahoans, from their health insurance plans and preferred doctors, increased out-of-pocket expenses, cut Medicare services and slowed job growth.  Now, adding to the long list of problems associated with the President's health care law, nearly one million Americans are burdened with further headaches this tax season as they received inaccurate tax forms containing incorrect subsidy information.

"We must repeal Obamacareand move away from the misguided notion that government bureaucracy is the answer to improving our health care system.  Reforms should not come at the expense of hardworking Americans.  A successful health care system would enable Americans to choose plans that fit specific needs and those of their families.  It would realign incentives toward patient outcomes instead of the number of procedures, permit insurance companies to compete across state lines, encourage small businesses to pool together to purchase insurance to lower ratesand would eliminate the waste, fraud and abuse that contributes to health care's rising costs, among other reforms."

Crapo voted against passage of Obamacare in 2009 when it was being considered in the U.S. Senate.