berg80
Diamond Member
- Oct 28, 2017
- 33,281
- 27,149
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The promise was to slow medical cost inflation.The hell it did. Obamacare was supposed to bend the cost curve DOWN. That was the promise.
AI Overview
Yes, the ACA succeeded in slowing medical inflation, although it did not eliminate cost growth. Healthcare spending growth slowed after the ACA's major provisions took effect in 2014, dropping from an average of 6.9% annually before the law to 4.3% annually in the period after. The ACA included several cost-containment measures like Medicare payment reforms and private insurance market changes that likely contributed to this slowdown.