medical expenses rose less last year than at any time since Harry S. Truman was president in 1949, helped by Medicare reimbursement cuts.
So, Medicare reimbursement cuts last year resulted from PPACA? Which part of PPACA was that, exactly? The Medicaid expansion part? Maybe the subsidy part? Or maybe the no-co-pay-prevention part? Or, hmmmm. The author doesn't tell us, perhaps because it didn't happen. And wouldn't have been undone, anyhow, by the doc-fix if it had.
The rollout of President Barack Obama’s signature 2010 law will hold down consumer prices for years to come as millions of Americans obtain coverage under the Patient Protection and Affordable Care Act, BNP Paribas SA and Credit Suisse Group AG said. Oh, I see. The author is talking about the CPI, the direct cost to the consumer, not the cost of medical care in the country. The consumer buying on the exchange is subsidized so his direct cost of insurance goes down.
And that's good for bonds because their skimpy return looks marginally less skimpy when the CPI is reduced marginally.
What do these two points have in common and what are they doing in the same article let alone in the same paragraph??? The first is not about ObamaCare. The second is a reduction in the CPI owing to Obamacare, not a reduction in health care costs.
Even assuming that the facts as stated are correct, that does not compute.
And why in the world do you think that the CPI being reduced as a result of subsidies supports your notion that health care costs are going down as a result of ObamaCare? |
