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Health Care Costs Grow Dramatically Slower Than Expected After Obamacare

Health Care Costs Grow Dramatically Slower Than Expected After Obamacare | enjoy yourself | Scoop.it
A new report by the Urban Institute analyzing government projections in U.S. health care spending shows that it is growing at even slower rates than what was originally projected with the passage of Affordable Care Act. The study predicts that the U.S. will spend $2.6 trillion less on health care between 2014-2019 than what was initially anticipated when Obamacare was passed in 2010.

“Health care costs have had several years of really historic low spending during the period, so overall, public programs, private spending is all less than we thought it would be,” said Gary Claxton, vice president at the Kaiser Family Foundation. “Each year we see spending going up 3 percent, 2 percent, whatever, and not 5 percent, and because that stuff compounds, when it continues to go up more slowly ... it starts to really add up.”
Kenneth Weene's insight:
I'm not a big fan of the ACA; I would prefer a single payer plan for America. Still, you have to recognize that Obamacare has made some serious positive steps for healthcare in America. This is just one more piece of evidence that Mr. Obama's signature legislation was a good move. 
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Harvard Study: Obamacare Drives up ER Visits

Harvard Study: Obamacare Drives up ER Visits | enjoy yourself | Scoop.it
The number of costly emergency room visits is set to soar under Obamacare with the millions of people who have just been enrolled in Medicaid going to ERs on a regular basis instead of their local doctors, according to a new Harvard University...
Kenneth Weene's insight:

The next task is getting poorer people to understand the proper use of a physician, especially for preventative care and for treatment of basic illnesses. To accomplish this we will probably need to also as a society get more used to using nurse practitioners and physicians' assistants to provide much of the routine care. One way to do this is to provide regular care clinics in hospitals.

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