{"id":2331,"date":"2016-03-04T09:56:20","date_gmt":"2016-03-04T14:56:20","guid":{"rendered":"http:\/\/blogs.bu.edu\/ellisrp\/?p=2331"},"modified":"2016-03-04T10:04:30","modified_gmt":"2016-03-04T15:04:30","slug":"2331","status":"publish","type":"post","link":"https:\/\/blogs.bu.edu\/ellisrp\/2016\/03\/2331\/","title":{"rendered":"Obamacare reality: It is working"},"content":{"rendered":"<p>At a time in the US when all of the Republicans presidential candidates are declaring Obamacare a failure which needs to be undone, it is worth noting the REALITY that it is succeeding in its primary purpose of covering more American with health insurance. It does not mandate insurance coverage, but the subsidies and tax penalties for not having insurance are motivating more people to get insurance. 20 million more people now have health insurance than did before. <em>(Click on graphs for a clearer image.)<\/em><\/p>\n<p><strong>\u00a0<a href=\"http:\/\/t.hsms06.com\/e1t\/c\/*W6F1tRv1Sk4L_N5YWVGdX_h7H0\/*W32j72b1XjVRPW28WtdJ8zb9w60\/5\/f18dQhb0SbTZ8Y9-RWW542Ybz4T_wzgW3MqtZW7gbCcsVscNPW1SddPTW6kfX-L7s5Q3RW2LFBT28X4hHgW8Vykn72NTNt9W4dPYyy2L3YxfW1Vg1jh2Kprb3N8Wxkt1Jpcf1W4jLj7W4c2-RwW54WrSX560yywN3077R1wdz8pW5l8-s01nG9_KW240W-879b-_JW7DXhGD5YbM-RW1ksTY470fl6pW7PJ6bd2gM1cwW1THSXd5J10-tW5FHWx82GGqc9V2H9tD3HSlFxW2tw4VP2z_scnW6x2RKS5-lMJcW5tkYKk5y2j_JW3jRnnY3HqNwTW3GYZdl3g5rwTW3snG0s3KrXTkW41xVKv43YMjgW4V6N692mjCcXW3dwRZX3v50DLW6P6MY544rSlzW5sPpZl2pz378W4LzRzH45D3tQW6STbg_3s2pdGW2_4Ngc4t96zvW82H4YN5wg_SfN12BlkqVR6H2W4q1LMn93ZQWTW1SLplY12n9-tN30rt9mWDM00W2vDhG887JyjrW6z1h0h5_5bNZW2Wj9Pv4yyWP5W7bmDWV4x56s9W1NwBMj1MKdfdf6WSGWR11\">20 Million Gained Health Insurance From Obamacare, President Says<\/a><\/strong><strong><br \/>\n<strong>The Huffington Post<\/strong><\/strong><\/p>\n<p><a href=\"\/ellisrp\/files\/2016\/03\/Uninsured-rate-Gallop-Healthways.png\"><img loading=\"lazy\" src=\"\/ellisrp\/files\/2016\/03\/Uninsured-rate-Gallop-Healthways-300x162.png\" alt=\"Uninsured rate Gallop-Healthways\" class=\"  wp-image-2333 alignnone\" width=\"724\" height=\"391\" srcset=\"https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/Uninsured-rate-Gallop-Healthways-300x162.png 300w, https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/Uninsured-rate-Gallop-Healthways.png 630w\" sizes=\"(max-width: 724px) 100vw, 724px\" \/><\/a>Even though cost containment was not its primary goal, Obamacare is also reducing, not increasing, costs of health care.<br \/>\nSince many people don\u2019t trust the government, here are some private sector slides.<br \/>\nPriceWaterhouseCoopers, an actuary firm not known for being political, forecasts that health expenditure<br \/>\ncost growth in 2016 will continue to slow down.<\/p>\n<p><a href=\"http:\/\/www.pwc.com\/us\/en\/health-industries\/behind-the-numbers\/assets\/pwc-hri-medical-cost-trend-chart-pack-2016.pdf\">http:\/\/www.pwc.com\/us\/en\/health-industries\/behind-the-numbers\/assets\/pwc-hri-medical-cost-trend-chart-pack-2016.pdf<\/a><\/p>\n<p>Here are my two favorite slides from their chart pack. Note the changes since 2010.<\/p>\n<p><a href=\"\/ellisrp\/files\/2016\/03\/pwc-trends-gdpand-nhe.png\"><img loading=\"lazy\" src=\"\/ellisrp\/files\/2016\/03\/pwc-trends-gdpand-nhe-300x220.png\" alt=\"pwc trends gdpand nhe\" class=\"  wp-image-2334 alignnone\" width=\"603\" height=\"442\" srcset=\"https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/pwc-trends-gdpand-nhe-300x220.png 300w, https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/pwc-trends-gdpand-nhe.png 968w\" sizes=\"(max-width: 603px) 100vw, 603px\" \/><\/a><\/p>\n<p>My view is that the above figure is misleading, since the decline in rates of growth did not start in 1961, but still the slow growth since 2010 is clearly evident.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"\/ellisrp\/files\/2016\/03\/spending-growth-rate-PWC-2016.png\"><img loading=\"lazy\" src=\"\/ellisrp\/files\/2016\/03\/spending-growth-rate-PWC-2016-300x221.png\" alt=\"spending growth rate PWC 2016\" class=\"  wp-image-2332 alignnone\" width=\"605\" height=\"446\" srcset=\"https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/spending-growth-rate-PWC-2016-300x221.png 300w, https:\/\/blogs.bu.edu\/ellisrp\/files\/2016\/03\/spending-growth-rate-PWC-2016.png 956w\" sizes=\"(max-width: 605px) 100vw, 605px\" \/><\/a><\/p>\n<p>Obamacare is working. We just don\u2019t have enough leaders and media telling us this.<\/p>\n<p>&nbsp;<\/p>\n<p>Note: I sent this blog to my BUHealth email list.<\/p>\n<p>Let me know if you would like to be added as a BUHealthFriends subscriber by emailing ellisrp at bu.edu<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a time in the US when all of the Republicans presidential candidates are declaring Obamacare a failure which needs to be undone, it is worth noting the REALITY that it is succeeding in its primary purpose of covering more American with health insurance. It does not mandate insurance coverage, but the subsidies and tax &hellip; <a href=\"https:\/\/blogs.bu.edu\/ellisrp\/2016\/03\/2331\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Obamacare reality: It is working<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2755,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7238,7241,7242,10933,72],"tags":[7856,10932,252],"_links":{"self":[{"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/posts\/2331"}],"collection":[{"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/users\/2755"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/comments?post=2331"}],"version-history":[{"count":7,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/posts\/2331\/revisions"}],"predecessor-version":[{"id":2342,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/posts\/2331\/revisions\/2342"}],"wp:attachment":[{"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/media?parent=2331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/categories?post=2331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bu.edu\/ellisrp\/wp-json\/wp\/v2\/tags?post=2331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}