Obamacare lowers expectations

Big Money

New member
The U.S. government on Wednesday scaled back its projections for Obamacare's impact in 2014, saying the law would generate healthcare spending growth and provide coverage to only half as many of America's uninsured as anticipated last year.

http://www.reuters.com/article/2013/09/18/us-usa-healthcare-spending-idUSBRE98H11T20130918
 
The U.S. government on Wednesday scaled back its projections for Obamacare's impact in 2014, saying the law would generate slower healthcare spending growth and provide coverage to only half as many of America's uninsured as anticipated last year.

http://www.reuters.com/article/2013/09/18/us-usa-healthcare-spending-idUSBRE98H11T20130918


Which ultimately means that next year MORE AMERICANS will have health insurance than last year...which is a GOOD THING to everyone but greedy Conservatives.
 
So Obama lied.


The four-year slowdown in U.S. health-care spending will end next year, and there is no sign the Affordable Care Act will significantly curb the acceleration in costs, government actuaries said in a report.

President Barack Obama has said the 2010 health-system overhaul helped curb national medical spending, which that year rose 3.9 percent, or about half pre-recession levels.

Actuaries at the Centers for Medicare and Medicaid Services, who don’t answer to the White House, said in the journal Health Affairs that spending eased because of the economy, not Obamacare.

http://www.bloomberg.com/news/2013-09-18/recession-not-health-law-may-be-responsible-for-cost-curb.html
 
Back
Top