“It’s working.”
That’s how Hillary Clinton described the Affordable Care Act on Dec. 1. Yet her bold statement seems out of touch considering the growing list of issues plaguing President Obama’s signature law. Median premium increases are about 12%, according to consulting firm McKinsey & Co. Health and Human Services forecasts that between 9.4 million and 11.4 million Americans will enroll in the online exchanges — half as many as previously thought. And health-insurance networks continue to get narrower, as insurers try to keep costs from rising even faster than they already are.
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