President Barack Obama and administration officials have been playing up Obamacare as part of the reason that healthcare costs have grown at its slowest rate in 50 years, which, they say, will be part of the legacy of the law.
“I’m not going to walk away from 40 million people who have the chance to get health insurance for the first time,” said President Obama on November 14 in a statement on Obamacare. ”And I’m not going to walk away from something that has helped the cost of health care grow at its slowest rate in 50 years.”
HHS Secretary Kathleen Sebelius made a similar claim during her appearance before a House Energy and Commerce subcommittee on Wednesday, telling members that “costs have gone down based on the trajectory we would have seen absent [Obamacare].”
But doubt has been cast on that claim by many healthcare policy analysts. Bob Laszewski, President of Health Policy and Strategy Associates, has cast doubt on these claims, shooting down the rhetoric over Obamacare and the slowdown of health costs as “silly.”
“First, Obamacare is not a health care reform law; it is a health insurance reform law. No one on either side of the debate has ever argued anything different,” wrote Laszweski, who is frequently cited in mainstream media reports about the law, last week on his personal blog. “Does the law have some limited cost containment features in it? Yes. But these are either pilot projects or are years from being fully implemented.”