Obamacare News 2015: Obama Promotes Success of Obamacare - Some 'Wouldn't Be Alive Today' Without It

U.S. President Obama hailed the success of his Obamacare health initiative during its fifth anniversary celebration on Sunday, telling critics to embrace this success and put their personal interests aside.

"On the five-year anniversary of the Affordable Care Act, one thing couldn't be clearer: This law is working, and in many ways, it's working even better than anticipated," Obama said in a statement released on Sunday.

The President said over 16 million of uninsured Americans now have health security, cutting the number of uninsured by nearly a third. Without the said law, Obama said, there are people who "would not be alive today."

"The Affordable Care Act has been the subject of more scrutiny, more rumor, more attempts to dismantle and undermine it than just about any law in recent history. But five years later, it is succeeding – in fact, it's working better than even many of its supporters expected. It's time to embrace reality," Obama said.

The President criticized moves to kill the said healthcare law and the budget that the Republican-led legislature provided.

"Instead of trying yet again to repeal the Affordable Care Act and allowing special interests to write their own rules, we should work together to keep improving our healthcare system for everybody. Instead of kicking millions off their insurance and doubling the number of uninsured Americans, as the House Republican budget would do, we should work together to make sure every American has a chance to get covered," Obama said.

The President said the Affordable Care Act translated to new savings and protections for those who already had insurance before the passage of the measure. The law benefitted those with pre-existing conditions, women, young people, senior citizens, and people with disabilities.

"And the law has helped improve the quality of health care: it's a major reason we saw 50,000 fewer preventable patient deaths in hospitals over the last three years of data," Obama said.

He also disputed claims that the said law will kill jobs and affect the economy, saying "a growing body of evidence – actual facts – shows that the Affordable Care Act is good for our economy."

"In stark contrast to predictions that this law would cause premiums to skyrocket, last year the growth in health care premium costs for businesses matched its lowest level on record," he pointed out.