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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Health care costs rise at slowest rate in 50 years"
Health care costs rise at slowest rate in 50 yearsby Kelly Kennedy, USA TODAY
http://news.cincinnati.com/article/20130729/NEWS/307290109
"SNIP.................................
WASHINGTON Personal health care costs rose last year at the slowest rate in the last 50 years, the White House announced Monday, citing statistics aimed at bolstering the case for the 2010 health care law.
The 1.1% increase in personal consumption spending over the 12 months ending in May was due to decreases in hospital and nursing home services, according to a statement from Alan Krueger, chairman of the White House Council of Economic Advisers. Hospital readmissions rates dropped from an average of 19% to 17.9% for Medicare patients since the passage of the 2010 health care law, Krueger said.
The law is not affecting job growth, Krueger said. Job growth in industries that have traditionally not provided health insurance for their employees, such as restaurants, was higher. Restaurant sales and employment have increased more than any other retail sales industry since the law was signed, at about 11% for employment and 17% in retail sales, and weekly hours also have grown about 3% since the law was signed.
REPORT: Slow increase in health care costs
The announcement came after President Obama told The New York Times this weekend that support would come as the 2010 health care law is implemented, a hope that Americans will like the law's benefits when they take effect.
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"Health care costs rise at slowest rate in 50 years" (Original Post)
applegrove
Jul 2013
OP
tridim
(45,358 posts)1. The Repubs are going to get absolutely destroyed in 2014.
Obamacare is their nemesis.
flamingdem
(39,313 posts)2. I love that thought. I know many people who are benefitting
and let's just hope that the appreciation is hitting right around the midterms.
sheshe2
(83,785 posts)3. Thanks applegrove, don't you just love the good news for ACA!
Anyone question that the GOP are a dying breed?
from you link.
Congressional Republicans remained unswayed by the White House claims. They are voting in the House this week to repeal parts of the law. It is their 40th attempt to repeal, change or defund the law. The bill is not likely to make it to the Senate.
GOTV 2014
Vote the GOP out!