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Obamacare was a ‘scam, cost a fortune’: Analyst


The cost of healthcare in the United Sates is too high and President Barack Obama’s legacy-defining healthcare law called the Affordable Care Act, or Obamacare, was a “scam” that failed to offer affordable coverage for low-income Americans, says Stephen Lendman, a journalist and political analyst in Chicago.

Health insurance in the US “cost a fortune,” Lendman said during an interview with Press TV on Thursday. “The greatest cause of bankruptcy in America is healthcare cost, extraordinarily high healthcare cost that people cannot afford, that’s the problem.”

“Obamacare did not fix the problem; it let people with pre-existing conditions get coverage that they didn’t get before, but they paid plenty for it and many people cannot afford it,” Lendman said during an interview with Press TV on Thursday.

“Obamacare was a scam,” he added.

On Tuesday, Republican lawmakers in Congress took the first official step to repeal Obamacare, which provides health coverage to millions of Americans.

The move, which came on the first day of the new Congress, underscored that dismantling Obamacare will be the Republican Party’s top legislative priority under incoming Republican President Donald Trump.

In a series of tweets on Thursday, Trump, condemned Senate Democratic Leader Charles Schumer and his fellow political party members, who have vowed to preserve Obamacare even as Republicans move ahead with their long-sought bid to dismantle it.

Obama met with congressional Democrats on Wednesday to map out a strategy to defend his legacy-defining healthcare law.

Republicans criticize Obamacare as an excessive government intrusion into the healthcare market and contend it is harming economic growth by burdening businesses. They say they have a plan to replace it but have offered few details.

“The problem with what Republicans are doing; they want to replace a terrible system with a worst one,” Lendman said. He said the only solution is to provide government-funded universal healthcare for all Americans and take insurance companies out of the equation.

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