Gruber: ‘ObamaCare Is Not Imploding,’ System ‘Largely Works’

COSTELLO: “Is ObamaCare imploding?”
GRUBER: “No. ObamaCare is not imploding. The main goal of ObamaCare was two-fold. One was to cover the uninsured, which we have covered 20 million, the largest expansion in American history. The other was to fix broken insurance markets where insurers could deny people insurance just because they were sick or had been sick. Those have been fixed and for the vast majority of Americans, costs in those markets have come down, thanks to the subsidies made available under ObamaCare.”
COSTELLO: "Look at what’s happening now. Premiums are going to raise 22 percent for some people who are enrolled in ObamaCare. Not only that, but some people’s deductibles are so extraordinarily high, it would be silly for them to go to the doctor because they can’t afford paying their deductible."
GRUBER: "First of all, the 22 percent increase, let’s remember who that applies to. That applies to a very small fraction of people who have to buy insurance without the subsidies that are available. 85 percent of people buying insurance on the exchanges get subsidies. For those people, this 22 percent doesn’t affect them. For the remaining people, that is a problem and something we need to address, but it’s not a crisis. It doesn’t mean the system is collapsing. Most importantly, it doesn’t affect the 150 million Americans who get employer insurance who have actually seen their premiums fall dramatically as was expected before ObamaCare."