Archive for November 25th, 2013

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The cost of affordable care

November 25, 2013

As I’ve mentioned, I think the problems with the Affordable Care Act are (a) it does nothing to increase price transparency and (b) it entrenches and subsidizes the current health insurance-based structure for paying for medical care (insurance companies and all).

So I thought Coyote nailed it with his post about the opportunity costs of PPACA, as shown by a study at The Manhattan Institute. RTWT.

Health Care Lost Opportunities

One of the real frustrations I have with Obamacare is that I believe we were on the cusp of a revolution in health care costs and payment systems, which the PPACA will likely kill. As more and more of us adopted high-deductible health insurance plans, there was an increasing transparency in pricing, and new delivery models were emerging to serve this consumer-based, non-third-party payer health niche.

I think this even more as I read about the CMS revising its future health care cost inflation numbers to take into account a flattening of medical price inflation that has been occurring over the last few years. The Left has hilariously claimed credit for this cost reduction via some kind of time-travelling effect of not-yet-implemented PPACA measures. But Charles Blahous reads the CMS report more carefully and finds that the PPACA has nothing to do with these inflation reductions, and in fact is if anything slowing the cost reduction progress.

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