Saturday, January 11, 2014

Obamacare Hasn’t Slowed The Growth of Health Care Costs - It’s The Economy, Stupid!

Obamacare Hasn’t Slowed The Growth of Health Care Costs - It’s The Economy, Stupid!
The problem is the report does not say what Furman suggests it says.  
In fact, the report actually acknowledged that the main driver of the temporary slowdown in the rate of health care growth was not Obamacare, but an economy shaken by the Great Recession.  
Since World War II, the historical pattern is that the annual increase in the rate of health care spending slows a bit during periods of economic turmoil or recession, as consumers lose their health coverage or have fewer dollars to spend on care.

No comments: