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
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