Health Care Cost Rising : Inflation by ObamaCare

More good reasons to believe Mr Obama's plan to bring our health care into disarray is on track. When misinformation is necessary to protect ObamaCare or outright lies by it's soldiers of the system, it's easy to understand that Gruber was just an instrument of the deception Mr Obama used to convince the public our health care system was broken and needed an overhaul.

The over riding strategy of Mr Obama, and always has been, is to convince the public his plan is working by continually introducing new deceptions, like the reduction in inflation, which is reducing costs but in reality there is little connection to reduced cost. As this article point out, ObamaCare is not on track to help consumers but to bring only chaos to the market for health care by misinformation as costs rise.

And what is the ultimate Obama plan, easy, single payer health care. Who knew?

No, Obamacare Has Not Fixed Healthcare Inflation
Source: Christopher J. Conover, "Has Obamacare fixed US health care inflation?" American Enterprise Institute, March 9, 2015.

March 11, 2015

Matt Phillips recently proclaimed Obamacare fixed the United States healthcare inflation problem. However, giving Obamacare credit for the recent lull in health prices is quite a stretch for two reasons.

First, it fails to account for the fact that this downward trend was clearly visible years prior to Obama taking office as president. Second, it fails to account for what was happening to the general economy and general inflation during the same time.

In addition, Mr. Philips focused on the price index for health services instead of the index for all health, which means his measure misses 20 percent of national health spending. Using the index for all of health and taking those two facts above into consideration, we find that:

• Examining the pattern of general inflation shows the same results as healthcare inflation. General inflation drives medical inflation. Additionally, there is a recent uptick. It is unknown whether this is a temporary spike or the start of a more enduring upward trend, but it is certain that idea of the U.S. healthcare inflation being "fixed" is far from clear.
• Subtracting general inflation from medical inflation shows a more realistic picture of Obamacare's impact on medical inflation. It shows a general downward trend in gradually diminishing "excess" medical inflation that began well before President Obama\'s arrival in the Oval Office.