The Affordable Care Act has been around a lot longer than the troubled rollout of HealthCare.gov, President Obama reminded executives Tuesday.
“Many parts of the Affordable Care Act are already in place and working exactly how they’re supposed to,” he said at The Wall Street Journal’s CEO Council Meeting.
The president pointed to what he said were a number of successful Obamacare provisions that have already been implemented: better deals on employer coverage; allowing children under 26 to stay on their parents’ plans; lower prescription-drug prices for seniors; and rebates for those whose insurers are spending too much on administrative costs rather than care.
As for the website itself, Obama said the price and products were good, and that competition in the marketplace had caused insurers to bid prices that were lower than expected.
However, Obama said he has learned a few lessons from the tech side of the experience. “We probably underestimated the complexities of building out a site that works the way it should,” he said.
Obama echoed the need for reform in the procurement process for federal information technology, which has received bipartisan support in Congress recently, saying the way the government does IT procurement now is not very efficient. “There’s probably no bigger gap in the private and public sector than IT,” he said.
The president cited partisan opposition to the law as a challenge that has created a rockier rollout than he anticipated. “One side of Capitol Hill is invested in failure,” he said, which makes the process of getting the site fixed more difficult.
Yet Obama remained optimistic that the website problems would be fixed. “I am confident that the model we built off the existing insurance system will succeed,” he said. The two requirements, the president said, are getting the site working, and remarketing and rebranding the law in the current political environment.
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After spending a few minutes re-litigating the Democratic primary, Donald Trump turned his focus to Obamacare. “I inherited a mess, believe me. We also inherited a failed healthcare law that threatens our medical system with absolute and total catastrophe” he said. “I’ve been watching and nobody says it, but Obamacare doesn’t work.” He finished, "so we're going to repeal and replace Obamacare."
Donald Trump lobbed his first attack at the “dishonest media” about a minute into his speech, saying that the media would not appropriately cover the standing ovation that he received. “We are fighting the fake news,” he said, before doubling down on his previous claim that the press is “the enemy of the people." However, he made a distinction, saying that he doesn't think all media is the enemy, just the "fake news."
"The FBI rejected a recent White House request to publicly knock down media reports about communications between Donald Trump's associates and Russians known to US intelligence during the 2016 presidential campaign, multiple US officials briefed on the matter tell CNN. But a White House official said late Thursday that the request was only made after the FBI indicated to the White House it did not believe the reporting to be accurate."