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Obama hails health cost stability

By Allison Bell

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President Obama said today that the Patient Protection and Affordable Care Act (PPACA) is helping more people get health coverage while holding down the cost of care for all.

Obama talked about PPACA briefly today during a press conference at the White House.

“Thanks to the Affordable Care Act, about 10 million Americans have gained health insurance in just this past year,” Obama said.

Obama said health care costs have been growing at the slowest pace in about 50 years.

See also: 3 new facts about private U.S. health spending

The White House used its Twitter feed to highlight messages such as “Uninsured rate near record low,” and “10 million Americans gained coverage.”

Questions from the press focused mainly on matters such as the decision to normalize relations with Cuba, the U.S. relationship with North Korea, and the overall state of the U.S. economy.

“Over a 57-month stretch, our businesses have created nearly 11 million new jobs,” Obama said.

Obama ended the press conference by encouraging reporters, and Americans in general, to recognize that the government has been successful at dealing with concerns such as the Ebola crisis and a rise in the number of children crossing into the United States illegally.

“This should generate some confidence,” Obama said. “America knows how to solve problems.”