Isn't it terrific that Obama has taken the steps necessary to see that the burden of increased care is transferred from the taxpayer to insurance companies? You should be applauding the Affordable Care Act. Taxpayers will no longer be picking up the tab for those hip replacements, pace makers and electric scooters.For dumazzDave
why does medical care cost more than it did 20 years ago...
"Spine Screws, Rods, and Artificial Discs (Spinal Fusion Hardware)
> Number of procedures: 413,000
> Total annual expenditure:$10 billion
> Average cost per procedure:$25,000
> Major manufacturer: Medtronic (35%)"
"The Affordable Care Act has the potential to reduce insurance cost growth while improving financial protections. If efforts succeed in slowing annual premium growth by 1 percentage point, by 2020 employers and families together would save $2,161 annually for family coverage, compared with projected premiums at
historical rates of increase."
Something had to be done and it took President Obama to make it a reality. Naturally, premiums are going to continue to increase but, under the Affordable Care Act, we will not see the huge leaps that we have experienced in the past.
FACT: "Total premiums for family coverage increased 50 percent across states and employee annual share of premiums increased by 63 percent from 2003 to 2010. If premium trends continue at the rate prior to enactment of the Affordable Care Act, the average premium for family coverage will rise 72 percent by 2020, to nearly $24,000."