So, did the ACA bend the cost curve? Call it coincidence, but excess cost growth -- health spending growing l

[applegrove]

https://www.threads.net/@paulkrugman7/post/C44w9I1o9hl/?xmt=AQGzVnDcnTwkDRL4TVInRqM5yoh1YJBcvOrl1fRb91uGJg

So, did the ACA bend the cost curve? Call it coincidence, but excess cost growth — health spending growing faster than GDP — basically ended when it was passed

(stunning graph):

https://flic.kr/p/2pFaJFG

[mucifer]

1. Yup corporate greed keeps getting worse

[applegrove]

2. Well except for the covid spike, costs have stabilized under

Obamacare (ACA).

[Metaphorical]

3. What makes this more impressive

Is that we are in the midst of the Boomer transition to retirement, which means that there would have been a natural increase simply due to the average population getting older. If that factor had not been there, costs under the ACA would likely be trending downward. Long term, the ACA is having a very positive effect.

[Midnight Writer]

4. Now we need a public option for health insurance, available for all ages.