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All of which is window chaff and smoke, immaterial to the point raised. The graph obscures the volatility of pre 2000 swings in medical inflation rates - and using equi-distant X-axis spacing to obscure that comparison. If it had not, one could see that dramatic swings in trendlines are endemic to medical inflation, giving informative perspective on natural swings that may, or may not, be due to ACA. Really, who would offer a chart on GDP growth over 30 years on two data points and then add a biannual trend as if they are useful for comparison?The historical National Health Expenditure Accounts don't list year-by-year spending prior to 2000, which is why decadal growth is the only point of comparison. But the story isn't ambiguous: health care cost growth was 174% in the '60s, 242% in the '70s, 183% in the '80s, 90% in the '90s, and 82% in the aughts. We're currently at 34% growth through the first eight years of this decade. A dramatic slowdown.
(By the way, are you saying that there isn't any bi-annual data on expenditure OTHER than once every 10 years till 2000? Color me skeptical).
And the era of the 1960s, 1970s, 1980s, 1990s, 2000s were the era of the lowest per person (and absolute) spending compared to the "era of aca". And they were the era's of white Presidents too, but I don't credit that to overall lowered spending. By the way, have you heard that association is not proof of causation? (Stat 101).The era of the ACA has been the era of the lowest health care spending growth since they started tracking it in 1960.
And yet you missed the introductory paragraphs that explicitly said:Really? It specifically calls out care coordination for duals, value-based payment initiatives under Medicare, and bundled payments as being "behind the successes in cost control." I'll give you one guess on where those all come from.
"Medicare officials had generally settled on a consensus explanation: The historic recession was causing a one-time drop in spending, and cost growth would soon return to historic trends. But as Buntin — then a staffer at the Congressional Budget Office — dug into the data, she developed a theory that challenged that conventional wisdom. It wasn’t the Great Recession, she concluded, nor was it Obamacare’s effects. Instead, a perfect storm of changes to how doctors got paid and how care was delivered, as well as broader effects to control costs, all hit at about the same time.
I have no problem with you disagreeing with the article author's own claims, but you missed my point again. Why are you shot-gunning articles where-in you have to explain what the article should have said or what it really meant? Do you even read these things before you dangle them as evidence? Are you aware that the author's paper the article cited of the cause of lower costs says NOTHING about coordination for duals, value-based payment initiatives, or bundled payments "behind the successes in cost control"? Are you aware that the author ACTUALLY gave other reasons in that paper, and that she studied the period between (inclusive) 2007 and 2010, and as Obama only took office in 2009 (and it takes a longer time to make changes) it CANT be due to ACA?
Besides, how is it that in 2012 the CBO could right that coordinated care doesn't usually lower costs, and implies that to that date there were demonstration projects (not system wide changes) on that aspect?
See above. Aside from care coordination demonstrations, do I need to research these too to find out your propaganda points disagree with you?The ACA went into operation in 2010. The duals care coordination was launched in 2010, the Medicare value-based purchasing initiatives began in 2011, and accountable care organizations and bundled payments kicked off in 2012.
When the track record is longer than three years get back to me and we will compare "eras". Sssshhhh.The redesign of the nation's care delivery system is a bigger factor in the cost growth slowdown than the exchanges (though one could easily make the argument that the record low health care price growth we've seen recently is more related to the latter) and that started long before the exchanges launched.
But yes, the future projection of continued 5% growth has already turned out to be wrong. The official 2017 numbers have since come out and cost growth has fallen back below 4%. So you've got me there.
I'll be more than happy to read a paper that supports what you contend, and does so without inconsistent, disingeniious and unsupported claims. But please, no more manure - I don't have the time to debunk it all.
Cont.