imyoda
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We're Spending Less On Health Care Than We Thought We Would Before Obamacare
We’re Spending Less on Health Care than We Thought We Would before Obamacare
“Twenty million or so more people have health insurance now than they did before Obamacare, and yet the American health care system is on track to spend $2.6 trillion less from 2014 to 2019 than before the Affordable Care Act became law. That’s right — $2.6 trillion, which is equivalent to about 15 percent of U.S. gross domestic product. That’s the conclusion researchers at the Urban Institute came to when comparing health care spending projections made in 2010 before Congress passed the ACA, and projections made later that year after President Barack Obama enacted the statute, with more recent findings…………
….. At a minimum, however, a combination of factors has resulted in a moment when the uninsured rate has reached a historic low even as the amount the nation spends on health care is turning out to be much lower than anticipated……
……. But historical patterns don’t quite account for the fact that growth hasn’t reverted to the levels before Obamacare and before the Great Recession, when annual increases could reach into the double digits, even though health care inflation has started to increase again. Instead, spending is expected to rise by about 5 or 6 percent a year from 2014 to 2019, a bit faster than the roughly 4 percent annual increase from 2010 to 2014.
SEE:
20 Million Gained Health Insurance From Obamacare, President Says
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
National Health Care Spending Is Up For A Really Obvious Reason
http://www.gallup.com/poll/190484/uninsured-rate-lowest-eight-year-trend.aspx
Golly gee Obamacare works……… Must be disappointing to the detractors…….. to be WRONG AGAIN
The questions not addressed here might be: What are the overall patient quality aspects vs asserted lower costs, innovation levels both practice, medicine and technological, doctor/medical worker provision, education/training, recruitment, prospects for increasing the supply of such into our future?A huffpo piece and some left wing garbage.
Obamacare is a certifiable disaster unfolding, as usual the site "Real Conservative" is on the wrong side of history. Have fun with that cheer leading, when reality asks for the bill lets see how much you own up to being wrong....
A huffpo piece and some left wing garbage.
Obamacare is a certifiable disaster unfolding, as usual the site "Real Conservative" is on the wrong side of history. Have fun with that cheer leading, when reality asks for the bill lets see how much you own up to being wrong....
The biggest factor is the economy itself. The damage wrought by the Great Recession squeezed down health care spending as people lost their jobs, incomes and health insurance, and subsequently had less access to care. The slow recovery in the years following the recession kept spending from quickly rebounding.
This is consistent with the pattern seen during previous economic downturns, which is why the Medicare actuaries continue to point to larger economic factors as the main cause for the slowdown in health care expenditure growth in recent years.
We could have accomplished the same with just the recession and slow recovery.. .Obamacare was hardly needed for this "victory" - unless Obamacare is (at least) partially responsible for the slower than typical recovery. From the OP:
Prove what you claim..........
To be clear, the Office of the Actuary has always been extremely reluctant to attribute much, if any, of this trend to the cost-containment provisions of the Affordable Care Act, apart from the funding cuts for hospitals and other medical providers. And the Urban Institute authors don’t go that far, either.
A huffpo piece and some left wing garbage.
Obamacare is a certifiable disaster unfolding, as usual the site "Real Conservative" is on the wrong side of history. Have fun with that cheer leading, when reality asks for the bill lets see how much you own up to being wrong....
I provided a direct quote from your biased source indicating that the recession and subsequent slow growth is the biggest contributor and that the medicare actuaries confirm the same. It's also been pointed out many times in these threads that health care economists predominantly blame the economy and slow recovery for the slowing of health care spending.
Feel free to ignore it, but that is what most of the experts indicate and that is not at all changed in the OP you chose to post.
More from your own op:
I heard the same damn lame excuse on Faux stated by one of those airhead talking heads..........
So, now you've heard the same "lame excuse" on Fox News and in your Huffington Post OP. Two very different sides saying much the same.
Most health care economists and medicare actuaries say the same. It's predominantly the economy.
We're Spending Less On Health Care Than We Thought We Would Before Obamacare
We’re Spending Less on Health Care than We Thought We Would before Obamacare
“Twenty million or so more people have health insurance now than they did before Obamacare, and yet the American health care system is on track to spend $2.6 trillion less from 2014 to 2019 than before the Affordable Care Act became law. That’s right — $2.6 trillion, which is equivalent to about 15 percent of U.S. gross domestic product. That’s the conclusion researchers at the Urban Institute came to when comparing health care spending projections made in 2010 before Congress passed the ACA, and projections made later that year after President Barack Obama enacted the statute, with more recent findings…………
….. At a minimum, however, a combination of factors has resulted in a moment when the uninsured rate has reached a historic low even as the amount the nation spends on health care is turning out to be much lower than anticipated……
……. But historical patterns don’t quite account for the fact that growth hasn’t reverted to the levels before Obamacare and before the Great Recession, when annual increases could reach into the double digits, even though health care inflation has started to increase again. Instead, spending is expected to rise by about 5 or 6 percent a year from 2014 to 2019, a bit faster than the roughly 4 percent annual increase from 2010 to 2014.
SEE:
20 Million Gained Health Insurance From Obamacare, President Says
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
National Health Care Spending Is Up For A Really Obvious Reason
http://www.gallup.com/poll/190484/uninsured-rate-lowest-eight-year-trend.aspx
Golly gee Obamacare works……… Must be disappointing to the detractors…….. to be WRONG AGAIN
I don't have health insurance....and I haven't had health insurance since the PPACA took effect. I was at my last company for three and a half years as a temp. No benefits, no nothing. Companies don't want to hire you if you're fairly close to retirement age. They don't want the added burden of health care costs. As a single person, I can't afford to buy insurance on the open market and I'll bet there are a lot of people out there, just like me. Nobody knows about us and nobody cares to know about us, especially the Democrats. Maybe that's why you're seeing a slight tick down in health care spending. People like me who normally would have insurance, aren't inducing health care spending.
But hey, if you think more people are insured; that health care spending is down because of the brilliance of PPACA; and that insurance is more affordable, by all means, live in your delusion.
I don't have health insurance....and I haven't had health insurance since the PPACA took effect. I was at my last company for three and a half years as a temp. No benefits, no nothing. Companies don't want to hire you if you're fairly close to retirement age. They don't want the added burden of health care costs. As a single person, I can't afford to buy insurance on the open market and I'll bet there are a lot of people out there, just like me. Nobody knows about us and nobody cares to know about us, especially the Democrats. Maybe that's why you're seeing a slight tick down in health care spending. People like me who normally would have insurance, aren't inducing health care spending.
But hey, if you think more people are insured; that health care spending is down because of the brilliance of PPACA; and that insurance is more affordable, by all means, live in your delusion.
I think the biggest problem with our system is it is employment based. And we need a real universal healthcare plan every one of us participate in. We aint doing it right right now.
Any kind of universal system is no different, in principle, from an employer based system. The difference is that all the participants in the employer based system contribute, whereas contribution and participation in the universal system is not proportional. In other words, freeloaders, and that's really what we're paying for with all these increased costs. It never used to be like this. You got a decent job and you had health insurance. Just another reason to get one's act together and learn a profession, trade or skill that will get you that job. But now, we have a lot of people that think they're entitled to everything and Liberal Progressives foster that attitude. I despise Liberal Progressives and everything they stand for. I have nothing but contempt for them.
No sense trying to make sense with you is there?
Believe as you wish.....even if wrong..........
You will get no objections from me......
The biggest factor is the economy itself. The damage wrought by the Great Recession squeezed down health care spending as people lost their jobs, incomes and health insurance, and subsequently had less access to care. The slow recovery in the years following the recession kept spending from quickly rebounding.
Dude, the quotes i provided were taken directly from the Huff Po article you chose to post. They are simply quoting the experts that are predominantly attributing the slower than expected growth to the recession and slow recovery. You choose to believe something different, despite what those experts are actually saying.
Again, from your OP - certainly not a right wing cite:
The findings are the costs of medical spending is down..........You cannot deny that.........And that is all the really matters
We're Spending Less On Health Care Than We Thought We Would Before Obamacare
We’re Spending Less on Health Care than We Thought We Would before Obamacare
“Twenty million or so more people have health insurance now than they did before Obamacare, and yet the American health care system is on track to spend $2.6 trillion less from 2014 to 2019 than before the Affordable Care Act became law. That’s right — $2.6 trillion, which is equivalent to about 15 percent of U.S. gross domestic product. That’s the conclusion researchers at the Urban Institute came to when comparing health care spending projections made in 2010 before Congress passed the ACA, and projections made later that year after President Barack Obama enacted the statute, with more recent findings…………
….. At a minimum, however, a combination of factors has resulted in a moment when the uninsured rate has reached a historic low even as the amount the nation spends on health care is turning out to be much lower than anticipated……
……. But historical patterns don’t quite account for the fact that growth hasn’t reverted to the levels before Obamacare and before the Great Recession, when annual increases could reach into the double digits, even though health care inflation has started to increase again. Instead, spending is expected to rise by about 5 or 6 percent a year from 2014 to 2019, a bit faster than the roughly 4 percent annual increase from 2010 to 2014.
SEE:
20 Million Gained Health Insurance From Obamacare, President Says
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
National Health Care Spending Is Up For A Really Obvious Reason
http://www.gallup.com/poll/190484/uninsured-rate-lowest-eight-year-trend.aspx
Golly gee Obamacare works……… Must be disappointing to the detractors…….. to be WRONG AGAIN
You know the lower costs are pretty firmly rooted in reality, right?
https://www.washingtonpost.com/news...han-expected-before-obamacare-study-projects/
Facts are stubborn things. I guess you've had a lot of practice ignoring them for years tho.
Did we really save money or was the projection made in 2010 just that bad??
https://www.cms.gov/Research-Statis...onalHealthExpendData/Downloads/highlights.pdf
Looking at the annual data, we're still looking at the usual 4-6% annual increase in medical expenses, so I would hazard a guess that a prediction that was that far off was just a bad prediction. So comparing a bad prediction to what is really happening is pretty much a waste of time other than hopefully driving someone to look for answers as to why the prediction was so far off.
We're Spending Less On Health Care Than We Thought We Would Before Obamacare
We’re Spending Less on Health Care than We Thought We Would before Obamacare
“Twenty million or so more people have health insurance now than they did before Obamacare, and yet the American health care system is on track to spend $2.6 trillion less from 2014 to 2019 than before the Affordable Care Act became law. That’s right — $2.6 trillion, which is equivalent to about 15 percent of U.S. gross domestic product. That’s the conclusion researchers at the Urban Institute came to when comparing health care spending projections made in 2010 before Congress passed the ACA, and projections made later that year after President Barack Obama enacted the statute, with more recent findings…………
….. At a minimum, however, a combination of factors has resulted in a moment when the uninsured rate has reached a historic low even as the amount the nation spends on health care is turning out to be much lower than anticipated……
……. But historical patterns don’t quite account for the fact that growth hasn’t reverted to the levels before Obamacare and before the Great Recession, when annual increases could reach into the double digits, even though health care inflation has started to increase again. Instead, spending is expected to rise by about 5 or 6 percent a year from 2014 to 2019, a bit faster than the roughly 4 percent annual increase from 2010 to 2014.
SEE:
20 Million Gained Health Insurance From Obamacare, President Says
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
The Widespread Slowdown in Health Spending Growth: Implications for Future Spending Projections and the Cost of the Affordable Care Act: An Update | Urban Institute
National Health Care Spending Is Up For A Really Obvious Reason
http://www.gallup.com/poll/190484/uninsured-rate-lowest-eight-year-trend.aspx
Golly gee Obamacare works……… Must be disappointing to the detractors…….. to be WRONG AGAIN
It must be exhausting conning up with this Garbage Propaganda. The anticipation and promise from Obama was that we would save $2500 a year. Instead the low income people get the same freebies they have always received and the people who actually pay, pay more than ever.
I can understand you being upset......... what being biased and all...... But your opinion does not change the items found in the article
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