{"id":23035,"date":"2015-07-31T10:01:06","date_gmt":"2015-07-31T14:01:06","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=23035"},"modified":"2015-07-31T10:02:23","modified_gmt":"2015-07-31T14:02:23","slug":"sticker-shock-healthcare-spending-spikes-as-obamacare-takes-effect","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/23035\/sticker-shock-healthcare-spending-spikes-as-obamacare-takes-effect\/","title":{"rendered":"Sticker Shock:  Healthcare Spending Spikes As ObamaCare Takes Effect"},"content":{"rendered":"<p>For some time now, Barack Obama and his apologists have trumpeted slowing healthcare costs as somehow attributable to ObamaCare. \u00a0Never mind that the declines predated Obama&#8217;s election, and that even <em>The Washington Post<\/em> gave him <a href=\"http:\/\/www.washingtonpost.com\/blogs\/fact-checker\/wp\/2014\/11\/06\/obamas-claim-that-obamacare-has-reduced-health-care-inflation-every-single-year-since-it-was-passed\/\" target=\"_blank\">three Pinocchios<\/a> in its Fact Checker analysis of this <a href=\"https:\/\/www.whitehouse.gov\/the-press-office\/2014\/11\/05\/remarks-president-press-conference\" target=\"_blank\">claim<\/a> on November 5 of last year:<\/p>\n<blockquote><p>Healthcare inflation has gone down every single year since the law [ObamaCare] passed, so that we now have the lowest increase in healthcare costs in 50 years &#8211; which is saving us about $180 billion in reduced overall costs to the federal government and in the Medicare program.&#8221;<\/p><\/blockquote>\n<p>To illustrate how he played the role of rooster taking credit for the sunrise, healthcare cost inflation reached 7% in 2003, but <a href=\"https:\/\/img.washingtonpost.com\/wp-apps\/imrs.php?src=https:\/\/www.whitehouse.gov\/sites\/default\/files\/image\/charts\/growthInRealpercapita.jpg&amp;w=1484\" target=\"_blank\">plummeted<\/a> to approximately 2% before Obama even took office.<\/p>\n<p>Regardless, but <a href=\"http:\/\/www.wsj.com\/articles\/u-s-health-spending-growth-jumped-to-5-5-in-2014-1438114020\" target=\"_blank\">healthcare costs are spiking again<\/a> as ObamaCare actually takes effect:<\/p>\n<blockquote><p>Growth in national health spending, which had dropped to historic lows in recent years, has snapped back and is set to continue at a faster pace over the next decade, federal actuaries said Tuesday&#8230; \u00a0The jump comes after five consecutive years of average spending growth of less than 4% annually &#8211; a rate touted by the Obama Administration as the lowest since the government began tracking health spending in the 1960s and a sign that the health law&#8217;s Medicare provisions were helping rein in health costs.&#8221;<\/p><\/blockquote>\n<p>Ooops.<\/p>\n<p>Chalk up yet another failure of ObamaCare, which helps explain why it <a href=\"http:\/\/www.realclearpolitics.com\/epolls\/other\/obama_and_democrats_health_care_plan-1130.html\" target=\"_blank\">remains so unpopular<\/a> among Americans as we &#8220;find out what&#8217;s in it&#8221; in the words of <a href=\"http:\/\/dailysignal.com\/2010\/03\/10\/video-of-the-week-we-have-to-pass-the-bill-so-you-can-find-out-what-is-in-it\/\" target=\"_blank\">Nancy Pelosi<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For some time now, Barack Obama and his apologists have trumpeted slowing healthcare costs as somehow attributable to ObamaCare. \u00a0Never mind that the declines predated Obama&#8217;s election, and that even The Washington Post gave him three Pinocchios in its Fact Checker analysis of this claim on November 5 of last year: Healthcare inflation has gone [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[861,35,61],"class_list":["post-23035","post","type-post","status-publish","format-standard","hentry","category-posts","tag-healthcare","tag-obamacare","tag-spending"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/23035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=23035"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/23035\/revisions"}],"predecessor-version":[{"id":23038,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/23035\/revisions\/23038"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=23035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=23035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=23035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}