Even some Republicans now buy into the myth that Obamacare (or the Affordable Care Act as they like to call it) has been a success.

In reality, our latest policy study by UP’s Phil Kerpen and Casey Mulligan – along with Brian Blase of the Paragon Health Institute, reviews the record and finds that almost all of the promises of Obamacare were broken. The study concluded:

• • • The ACA was supposed to “bend the cost curve” downward, but healthcare costs increased instead. Premiums for individual market plans doubled.
    • Although touted as a means of reducing the deficit, the ACA has added hundreds of billions to cumulative deficits and is a significant contributor to the growing national debt.
    • The most famous broken promise was that people would not lose preferred insurance plans and doctors. Seven million consumers had their plans canceled already by the end of 2013.
    • Medicaid was supposed to be the cheaper way of expanding insurance coverage. In the real world, the per-enrollee cost of Medicaid expansion is nearly 60% greater than what experts projected.

Obamacare should be renamed: The Broken Promises Act

The full study is available here or clicking the image below: