ObamaCare Clusterfuck: ObamaCare didn't cut health care spending, Obama's economy did
A stronger U.S. economy will [might] contribute to a rise in the growth of healthcare costs over the next six years, ending the current record-breaking slowdown, according to a new study.
The Kaiser Family Foundation (KFF) predicted that by 2019, annual healthcare cost growth will be closer to historic averages — over 7 percent compared to 3.9 percent between 2009 and 2011.
"As [If] the economy recovers, health spending is likely to trend upwards, though growth rates are unlikely to return to the double-digit levels we have seen in the past," the authors wrote.
The analysis attributed most of the current lag (77 percent) to economic factors, but predicted that ObamaCare could play a role in bending the healthcare cost curve in future years.
ObamaCare's apologists are already conceding it won't.
"Our analysis suggests that over time, the economy is by far the biggest determinant of changes in health spending overall," the report stated.
"At the same time, however, there are also indications that structural changes in the health system may be playing a modest role as well." ...
The report cited several provisions — including the law's Medicare savings, its delivery-system reforms, and its tax on high-cost health plans — that are designed to lower spending, but it did not explicitly account for these factors in its analysis.
Authors warned critics of the ACA that they should not blame rising healthcare cost growth on the law over the next several years.
You know what's going to happen, right? If the economy ever does recover, people are going to spend some of their shiny new income on heath care. And that happens, the political class is going to go into panic mode and cut back on ObamaCare spending, thereby denying them care.