Reform law drives up healthcare costs, study says
Costs associated with the health reform law just keep growing, according to a new study from the American Action Forum. For example, the cost of providing subsidies so people can buy insurance continue to increase, rising almost 25 percent since the reform law was passed in 2010, reported The Hill's Healthwatch. And the future isn't looking much brigher.
"Given the continued rise in health care costs in the United States, the stagnation of incomes during the post-2009 recovery, and the large upside risk due to employers no longer providing insurance, there is substantial reason to suspect that the price tag could rise much further yet," the report states. In fact, the Congressional Budget Office increased its reform cost estimate for 2018 from $106 billion to $129 billion, partially because of the U.S. Supreme Court's ruling that states can opt out of the Medicaid expansion, which could drive more people to receive subsidies through health insurance exchanges. Blog Post
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