"The last three years since I signed the Affordable Care Act into law are the three slowest rates of health spending growth on record," President Obama, Sept. 26, Prince Georges Community College.
If you weren't listening carefully, you'd swear the president is saying that the Affordable Care Act has reduced health care spending, contributing to the current record low growth levels.
It's true that after years of scary, rocket-like growth, America's health care spending has slowed to record lows. The Office of the Actuary in the Centers for Medicare and Medicaid Services reported earlier this year that national health spending grew by 3.9% each year from 2009 to 2011, the lowest rate of growth since the federal government began keeping such statistics in 1960, according to the Kaiser Family Foundation.
But is Obamacare the reason?
The experts at the Kaiser Family Foundation and Altarum Institute, a health research group, are among the first to tease out what is contributing to the slowdown. Their conclusion: about three-quarters is due to the lackluster economy. The rest stems from efforts to keep spending down, including measures introduced in the 2010 "Obamacare" law.
Cue the "fox lite" comments in 3...2...1
America's health care spending has slowed to record lows.
The experts at the Kaiser Family Foundation and Altarum Institute, a health research group, are among the first to tease out what is contributing to the slowdown. Their conclusion: about three-quarters is due to the lackluster economy. The rest stems from efforts to keep spending down, INCLUDING measures introduced in the 2010 "Obamacare" law.
And there you have it.
"If you weren't listening carefully,..."
Then it's your fault you didn't understand or misinterpreted what he was saying.
A couplew of points refarding intellectual honesty.
1.) Under Obama health care inflation is the lowest in years. Give him his due. We all know that if the story could be spun that costs WERE HIGHER. CNN & Fox would do so. Sad but true.
2.) I noticed how CNN staff went out of their way to imply Obama was misleading the public that the ACA was responsible. Then later in the post, they make a watered down reference to Obamacare having a secondary & tiertiary impact on lowering costs. CNN, your bias is showing a bit. Stop fighting the facts/truth in an attempt to diminish the President and appeal to Fox Anti-Obamites [you know like termites].
Sounds true, what has the GOP teaparty garbage of America got to offer?????? ANSWER>. NOTHING!!!!!!!!
lessoning to the lunatic repubs you might think healthcare is armaghedan. these folks never predict somthing accurately, they always lies to the american people. all this stuff about giving 30 millions healthcare for the first time will destroy our country is a pack of dogg doo doo. these folks lies and because they are looking honest and concerned about the american people. gullible folks drink their coolaid. the koch brothers must be proud of their minions they have in congress.
I think they call it taxes.
well do the math people do the math
OK! I'm open to NSA scrutiny. Are the Republicans in control of the House going to behave as the constitution dictates, or will citizens need to begin revolting against the traitors John Boehner, Eric Cantor and Paul Ryan? Peacefully, of course!