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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (794297)7/9/2014 2:07:39 AM
From: i-node  Read Replies (2) of 1578651
 
>> If you believe that the ACA was contributing to those skyrocketing costs ten years ago, then you need to provide me with a credible link.

The ACA has restarted the cost spiral. The rate of growth in costs had been declining for some time.

"Historically, the growth of health care costs has been between 1% and 2.25% greater than potential gross domestic product (GDP)1 — commonly referred to by economists and policymakers as “excess” health care spending. However, excess growth in health spending dropped below 1% for much of the 2005 – 2012 period, fueling cautious optimism about a slowdown." - Towers Watson Health Care Trends

It just happened to start spiraling out of control about 1965, around the time Medicare/Medicaid was enacted and government took over half the health care economy. You figure it out.
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