- The projected cost of expanding Medicaid under the ACA is now
$94 billion less than the forecast made at the time the ACA became law.
- The projected cost of providing subsidies to consumers to
help purchase health plans in the marketplaces is now $125 billion lower
than the forecast made at the time of the ACA’s passage.
- In total, CMS projects $2.5 trillion less in public and
private health care spending between 2014 and 2019 compared to
projections made in 2010.
Now, as you may recall, Republicans predicted several different disasters including destruction of jobs, ballooning federal budget deficits, exploding costs .. . oh yeah, death panels. In fact, the act has succeeded beyond the wildest dreams of its proponents, and the news just keeps getting better. But . . .It continues to be underwater in popularity. People just don't know what's going on around them. That is the fault of 1) Democratic politicians who are too chicken shit to stand up and forthrightly brag about the success of their own policies and 2) the corporate news media who merely act as stenographers and take dictation from Republicans. It's getting really old.
Wednesday, April 08, 2015
The Affordable Care Act: Greatest Thing Since Oxygen
Sure seems like it anyway. Urban Institute calculates that: