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USA - Health Care: Five years in, Obama taunts GOP over Obamacare's success

President Obama declared victory on the five-year anniversary of the Affordable Care Act, saying the law has lived up to its promises, and he poked at Republicans for the doom and gloom predictions he says have failed to live up to the hype.

"The bottom line is this for the American people: the Affordable Care Act, this law, is saving money for families and for businesses. This law is also saving lives," the president said. "It's working, despite countless attempts to repeal, undermine, defund and defame this's not the fiscal disaster critics warned about for five years."

Mr. Obama spoke at the kickoff meeting of the Health Care Payment Learning and Action Network, a group that brings the public and private sector together to continue making improvements to the health care system that build upon the law.

The president ticked off a list of statistics he says prove the law's success: a reduction in hospital admission rates and preventable patient deaths, insurance for 16 million Americans who did not have it before and a slowdown in the growth of healthcare spending.

But for the president, one of the biggest successes has been Republicans' failure to undo the law despite dozens of attempts to challenge it in both Congress and the courts.

Read more: Five years in, Obama taunts GOP over Obamacare's success - CBS News

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