California Healthline: ACA: A List of Reasons for the White House To Be Thankful — and Not-So-Thankful
On the eve of the launch of the second Affordable Care Act open enrollment period, the Obama administration released its Faces of Health Care series, showcasing U.S. residents who have obtained coverage thanks to the law. Today — on the eve of Thanksgiving —California Healthline considers which ACA-related initiatives and developments in the past year the administration might be thankful, and some things it might not be so thankful for.
Giving Thanks for …
The ACA’s effect on the economy. The Obama administration started the year off strong with the release of a CMS report in January attributing a deceleration in health care spending in 2012 to the ACA. Two months earlier, a separate White House Council of Economic Advisers report found that the health care spending growth rate was 1.3% between 2010 and 2013, the lowest three-year growth margin since the metric was first calculated in 1965. The panel attributed the low growth rate in large part to changes implemented under the ACA.