Sunday, January 12, 2014

Did Obamacare Slow Down The Rate Of Increase In The Price Of Health Care?

WSJ Editorial, 1-8-14. Excerpt:
"One problem: The actuaries themselves conclude that the new law had "a minimal impact on overall national health spending growth through 2012." If anything the law increased spending slightly so far, or was a wash.

The spending growth rate started to decelerate steadily in 2003 but plunged during the 2008-2009 recession and has since held steady. Writing in Health Affairs, the actuaries add that "more historical evidence is needed before concluding that we have observed a structural break in the historical relationship between the health sector and the overall economy.""

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