Side Effects: Fuzzy Math Won’t Bend the Health Care Cost Curve
Kathryn Nix /
Obamacare will force health care spending to rise faster and higher over the next decade than if Congress had just left the nation’s health system unchanged. That’s according to a recent report from the Office of the Actuary at the Center for Medicare and Medicaid Services.
The report projects the new law will inflate national health expenditures by an additional $88.8 billion in 2019 alone. So much for the President’s promise that Obamacare would bend the cost curve down.
The White House tried to put a happy face on the unwelcome CMS report. It just goes to show, the Administration claimed, that spending under Obamacare will decrease by $1,000 per insured person. (more…)