Lightbringer
Loves Me Some Souls
Obamacare is such a flop Republicans should be presenting their new plan to replace it with something better any day now... Lol
They don't have one, they're down with it.
Obamacare is such a flop Republicans should be presenting their new plan to replace it with something better any day now... Lol
Look at the stats. What do you think happened to account for the US setting a new record for the least healthcare cost growth over a period of this length?
It didn't cost anything. It saved money. Go back and reread.
Comparing healthcare rates on healthcare without adjusting for overall inflation rates is misleading. Of course healthcare inflation rates are going to go up higher under Carter like inflation than they are under sub 2% inflation that we have seen in the past decade. So to do an apples to apples comparison, you must adjust for over all inflation.
As you know, I made no claim that it was incumbent on you. So, who do you think did make such a claim? Try not to be so dumb.
They don't have one, they're down with it.
Here's a way to think about the success of Obamacare in slowing healthcare inflation. It's been about eight years and eight months since Obamacare was signed into law. We can compute healthcare inflation for 660 eras of that length leading up to the passage of Obamacare. Among the 660 eras, the lowest healthcare inflation was 30%, the highest was 137%, the average was 64%, and the median was 53%.
So, how has the last eight years and eight months looked in that context? Well, it turns out, healthcare inflation has been 26% -- significantly below the prior record-low for a period of that length. The savings from that low rate of healthcare cost growth is substantial. For example, we spend about $10,224 per capita on healthcare today. If, since Obamacare passed, healthcare costs had risen in accordance with an average rate of inflation rather than the record low rate we've had, it would be $12,898. So, for a family of four, you could think of the difference as a $10,696 of additional healthcare costs, just for a single year. And that figure gets bigger every year that our healthcare spending growth remains below average.
https://fred.stlouisfed.org/series/CPIMEDSL
President Obama Proposes Cuts To Health Care Spending To Lower Deficit
Obamacare is such a flop Republicans should be presenting their new plan to replace it with something better any day now... Lol
Yes, the dramatic slowing of healthcare cost growth did, in fact, factor into deficits falling on Obama's watch.
Wasn't health care supposed to cost less than a cell-phone bill?
Perhaps you need to do the math
It didn't cost anything. It saved money. Go back and reread.
You're going to confuse leftists with the truth again. You know how much they hate the truth.
\Why do you keep pontificating about the lower cost of increase....
I see no causative effect.
I'm all for universal health care, as long as it's feasible economically.
Wasn't health care supposed to cost less than a cell-phone bill?
I point out the lower rate of increase because that's the relevant metric for figuring out if we're better off with Obamacare than we would have been without it. What you would prefer to do is turn this into a "why I hate Obama" thread. That's the right-wing way. When people are too stupid to talk policy, they talk politicians instead. But the point of this thread was never whether or not the sales pitch for Obamacare was forthright. If you want a thread on that, feel free to start one. The point of this thread is to show how much Obamacare saved Americans.
Yes, the dramatic slowing of healthcare cost growth did, in fact, factor into deficits falling on Obama's watch.