Government Study Confirms Obamacare Will Increase Health Care Spending
3:27 PM, Jul 28, 2011 • By MARK HEMINGWAY
Despite many, many promises to the contrary, the Centers for Medicare and Medicaid Services (CMS) reports that Obamacare will pretty substantially increase out of control health care spending:
Hmm. If this keeps up something tells me that the president won't be able to keep his promise that health care reform will lower the typical family's premiums by $2,500.
UPDATE — Conn Carroll has more at the Examiner:
National health spending is expected to grow by at least 8.3 percent in 2014 when much of President Obama’s health care law is implemented according to a new report by government analysts published in Health Affairs. After growing only 4.9 percent between 2011 and 2013, health spending will soar as millions Americans are either added onto Medicaid or start receiving subsidized insurance through the health exchanges.