Nostra
Diamond Member
- Oct 7, 2019
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Now include all the tax dollars used to prop up Barrycare.Sure. You just bump growth in per capita health care costs (data available through 2023 so far) with growth in per capita GDP and/or per capita personal income.
Average annual growth
Per Capita Health Care Cost Growth Per Capita GDP Growth Per Capita Income Growth Excess Health Care Cost Growth
(vs. GDP) Excess Health Care Cost Growth
(vs. income)Pre-ACA Era (1960-2009) 8.6% 5.8% 5.9% 2.8% 2.6%ACA Era
(2010-2023) 4.3% 4.2% 4.3% 0.1% 0%
That's not just a huge bending of the cost curve, it's a near-total flattening of the cost curve since the ACA passed in 2010 (i.e., almost zero excess health care cost growth). No growth in costs relative to GDP or income after half a century of averaging almost 3% in excess health care cost growth a year.
******* crazy when you stop to think about it! Totally unprecedented stuff.
Watch this…….
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