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That's not really true, though. Costs as a % of GDP went down from '05-06 and went up slightly from '06-07. In real numbers, in 2008-2009, the increase in over
by ameister14 7y ago
That's not really true, though. Costs as a % of GDP went down from '05-06 and went up slightly from '06-07.
In real numbers, in 2008-2009, the increase in overall cost per year was actually lower than in 2014-2015, when the exchanges opened.
You're right that the rate of growth in Medicare cost fell after the ACA passed, but that's much more specific than overall cost delta.
- JamesBarney 7y agoSomething very relevant happened in 2008-2009.
- tptacek 7y agoIt also impacted prices all the way into 2012, by moving people out of full-time employment and onto COBRA, and by reducing the number of young people on health insurance plans.