Wednesday, April 16, 2014

Good "Somewhat" True News About the Healthcare Industry

The Congressional Budget Office has estimated that the ACA will decrease the expected cost of care over the next ten years from 1.2 trillion to 1 trillion. The reasoning behind this speculation is due to tighter regulations on insurance companies and the plans that they offer on the federal exchange website. Providers will be paid less and the treatment options are more limited for patients. So the cost cutting tactic is basically hurting providers and patients instead of reforming the system. Not very impressive...

However it is still a positive for the ACA because it is combating the most important issue it's facing (COST). Lets see if the can come up with something in future that cuts costs that doesn't effect the quality of care, then we can give them a round of applause.

EVERA. Everyone should feel this good about healthcare.

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