So much for all the doomsayers.
"A new study predicts that the federal forecast of national health care spending under President Obama's signature health law was a big overestimate — by $2.6 trillion over a five-year period.
After the Affordable Care Act was passed in 2010, the actuaries for the Centers for Medicare and Medicaid Services projected that, as the economy recovered, the historically low growth in health spending would return to higher levels, reaching $4.6 trillion by 2019. But in the intervening years, the annual expenditure increases have been more modest than expected...
"When CMS originally made those projections, they really thought the slowdown in health-care spending [growth] was mostly due to the recession, and afterward we'd see a return to the higher rates of spending growth — and that didn't really happen," said Katherine Hempstead, a senior adviser at the Robert Wood Johnson Foundation...
https://www.washingtonpost.com/news...macare-study-projects/?wpisrc=nl_draw2&wpmm=1
"A new study predicts that the federal forecast of national health care spending under President Obama's signature health law was a big overestimate — by $2.6 trillion over a five-year period.
After the Affordable Care Act was passed in 2010, the actuaries for the Centers for Medicare and Medicaid Services projected that, as the economy recovered, the historically low growth in health spending would return to higher levels, reaching $4.6 trillion by 2019. But in the intervening years, the annual expenditure increases have been more modest than expected...
"When CMS originally made those projections, they really thought the slowdown in health-care spending [growth] was mostly due to the recession, and afterward we'd see a return to the higher rates of spending growth — and that didn't really happen," said Katherine Hempstead, a senior adviser at the Robert Wood Johnson Foundation...
https://www.washingtonpost.com/news...macare-study-projects/?wpisrc=nl_draw2&wpmm=1
