The White House Neglects The Future To Revisit The Past
Posted November 20, 2013
In A Blog Post Today, Obama’s Chairman Of The Council Of Economic Advisers Wrote That ObamaCare Has Slowed The Rise In Health Care Costs. “The Affordable Care Act (ACA) was passed against a backdrop of decades of rapid growth in health care spending, and one of the ACA’s key goals was to root out serious inefficiencies in the United States health care system that increase costs and compromise patients’ quality of care. Recent data show that health care spending and prices are growing at their slowest rates in decades; it appears that something has changed for the better. While this marked slowdown likely has many causes, and these causes are not yet fully understood, the available evidence suggests that the ACA is contributing to these trends, and, moreover, is helping to improve quality of care for patients.” (Jason Furman, “New Report From The Council Of Economic Advisers: The Recent Slowdown In Health Care Cost Growth And The Role Of The Affordable Care Act,” The White House Blog , 11/20/13)
THE WHITE HOUSE CHOSE TO NEGLECT WHAT LIES AHEAD
The Recent Slowdown In Health Care Costs That The White House Trumpets Is Set To End
“The Four-Year Slowdown In U.S. Health-Care Spending Will End Next Year” And There Is No Sign That ObamaCare Will Curb Costs According To Government Actuaries. “The four-year slowdown in U.S. health-care spending will end next year, and there is no sign the Affordable Care Act will significantly curb the acceleration in costs, government actuaries said in a report.” (Alex Wayne, “Recession Not Health Law May Be Responsible For Cost Curb,” Bloomberg, 9/18/13)
- “This Report Won’t Be Good News For Those Who Have Argued That The Affordable Care Act Would Reduce Costs.” (Alex Wayne, “Recession Not Health Law May Be Responsible For Cost Curb,” Bloomberg, 9/18.13)
ObamaCare Will Increase Costs
Health Care Spending “Will Jump By 6.1 Percent Next Year” As ObamaCare Is Enacted. “The nation’s health care spending will jump by 6.1 percent next year as the big coverage expansion in President Barack Obama’s overhaul kicks in, government experts predicted Wednesday. (Andrew Miga, “Government Says Health Spending To Jump Next Year,” The Associated Press, 9/18/13)
ObamaCare Is Partly Responsible For The Growth In Spending. “But starting in 2014 growth in national health spending will accelerate to 6.1 percent, reflecting expanded insurance coverage through the ACA, through either Medicaid or the marketplaces.” (Chris Fleming, “U.S. Health Spending Growth Projected TO Average 5.8 Percent Annually Through 2022,” Health Affairs Blog , 9/18/13)
- Without ObamaCare, “The Estimated Growth Next Year Would Be 4.5 Percent.” “Without it, the estimated growth would be 4.5 percent, according to the report Wednesday from Medicare’s Office of the Actuary.” (Andrew Miga, “Government Says Health Spending To Jump Next Year,” The Associated Press, 9/18/13)
No comments:
Post a Comment