Tuesday, November 11, 2014

Mr Obama (ACA) Says Spending Down : CBO Projects Increases, NOT Down

The revelations that came from one of the architects of ObamaCare is reason enough to not believe anything that Mr Obama says, let alone anything on health care. This on a TV program for all to see and hear, he said he and his fellow designers of the Affordable Care Act knew they could not sell the program as it stands, so they would have lie to the general public to get it passed.

 He said this would work "as the public is so stupid" they will be easily persuaded to buy into the program by telling them they can keep their doctors and plans and lying about how much it will cost. And as we all know how well it worked. 

The question that remains is, is the public really as stupid as the progressive democrats said as they voted twice to make it happen???

Is Obamacare Really Causing a Health Spending Slowdown?
Source: Glenn Kessler, "Obama's claim that Obamacare has reduced health-care inflation 'every single year' since it was passed," Washington Post, November 6, 2014.

November 10, 2014

Last week, President Obama bragged that health care inflation has fallen each year since the passage of the Affordable Care Act, calling it the lowest increase in health care costs over five decades.
But has the Affordable Care Act actually reduced the growth of health care costs?

Glenn Kessler at the Washington Post says the president is drawing some less-than-clear conclusions from the health care spending numbers. He explains:
  • The White House has pointed to a recent CMS report that shows a slowdown in health spending growth in 2013, with a 3.6 percent growth rate. However, when that report explained the slow growth in spending, it attributed it to the poor economic recovery, sequestration and slow growth in Medicare service use -- it did not mention Obamacare.
  • Moreover, spending in 2013 was actually higher than in 2012, so it has not actually fallen every year since 2010.
  • That same CBO report also said that spending growth would jump 5.6 percent in 2014 due to the Affordable Care Act.
Kessler writes that health care spending is growing at its lowest level in the last 50 years, but that linking the slowdown in spending growth to the Affordable Care Act is misleading, as there is no evidence that Obamacare is responsible for the slowdown. Indeed, the NCPA recently issued a report on this very issue, showing that health care spending is only going to rise under the Affordable Care Act.
 

No comments: