A report by the Center for American Progress and The Commonwealth Fund released Friday found that the health reform bill passed in March 2010 would lower premiums by nearly $2,000 for American families by 2019 and reduce overall health spending by $590 billion from 2010 to 2019.
The analysis, lead by Harvard University economist David Cutler, also projected the federal Medicare program would save $524 million and reduce the budget deficit by $400 billion over the 10-year period. Cutler is also a senior fellow at the Center for American Progress, a left-leaning Washington D.C. think tank headed by President Bill Clinton’s former Chief of staff John Podesta.
The report concluded that by creating new rules for insurers, health insurance exchanges, and payment reform, the law will also lead to needed modernization of the American health system and improve access to care for millions of currently uninsured people.
“With passage of the Affordable Care Act we have entered a new era in American health care – one in which all Americans will be able to get the care they need, and in which families will be protected from high health care costs,” said Karen Davis, president of the Commonwealth Fund, private foundation focused on transforming the health care system. “By changing the way we pay for and deliver care to reward high performance, we will begin to bend the health care cost curve, and all Americans will see real economic benefits.”
An overview of the report is available here and the entire 14-page report is available here as a PDF file.
saving money and helping people? i'm sick of this obamacare? who does he think he is? mother theresa?! BleedingRed
Center for American Progress is a far left wing propaganda site. Why does this paper use such a biased analysis as if these numbers were handed down by God? If the numbers came from a conservative group, I am sure you guys would make that perfectly clear in your article. nmr007
That's funny...the CBO just released that the Health Care Law will cost another $100+ Billion more than originally proposed pushing the total over the $1T mark. Further yet, insurers have now begun to drop individualy coverages purchased from Chambers of Commerce et al and increased rates to families with Children not yet 26 yrs old. Further yet, premiums fees are rising now around the country as insurers (and lack of competition) know people now are required to purchase insurance. The Whole law is a complete joke and does nothing to actually control costs. Insurers are now fatter and happier then ever before. Citizenc92
You mean a leftist group thinks Obamacare has zero flaws? That is news worthy. Ramon
@nmr007 - take a moment and breathe there, fella... "Cutler is also a senior fellow at the Center for American Progress, a left-leaning Washington D.C. think tank headed by President Bill Clinton’s former Chief of staff John Podesta." Reading Is Fundamental. alehr
If you look at the numbers, it can't psossibly work as setup. I only pray that the states lawsuits work. You already have companies such as AT&T doing cost comparisons and realizing it would be far cheaper for large companies to pay the penalty for not providing healthcare coverage options to thier employees than actaully providing the coverage. How is it going to help things when that system breaks down??? Daddio
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Look at the source. What a joke. This is like Big Tobacco claiming nicotine is not bad for you. KevinRx
Daddio - add Caterpiller, Verizon, Deere, and hundreds of other companies to that list. Obamacare will result in not only loss in coverages but also higher premiums (like a tax) and less money for everyone. The dumb*ss liberals whom supported this couldnt see the writing on the wall and now they too will suffer with higher premiums and penalties. Citizenc92
odd that the CBO doesn't agree.. But then they don't have an agenda.. Unlike this group and this hack newpaper TomSmith
Im no expert on Health-care, but appriciate the amount of education such professionals must complete. Highly skilled/trained usually translates to expensive services provided, so this under the "Modernization" section of the PDF is a little unsettling, sounds like they'll recommend how much they'll pay out for care regardless of actual costs to provide: an Independent Payment Advisory Board, with • the authority to make recommendations that reduce cost growth and improve quality in both the Medicare program and the health system as a whole. BRoot
Maybe it will save $590 billion for the GOVERNMENT but the working, insurance paying people are going to pay MORE to make up for the government savings. I love how they twist the facts. Yeh, everybody is going to get coverage but at what cost? And the way I figure it - the working people will be getting their RATE INCREASES right around the time of the November elections. Vote these leftist, spendthrift Democrats OUT OF OFFICE!!! gone with the wind
nmr007 & bill.atkin. Hat tip to you guys. That web site is scary. The group was started and run by Obama's Transition to office chief. Josh Goldstein should be embarrassed and fired for writing this without pointing on the obvious bias of the "Center for American Leftists" factsfirst
40 million americans dont have health insurance. Obama's plan is unrealistic, and the whacko right wing republican scum offer no solutions...just a whole lot of complaining (as usual). They seem to ignore the nightmarish, scandal plauged years under "W". tdoc- Why don't the ladies and gentlemen of the right read the report before engaging in a paroxysm of name-calling. Come the Fall, with a growing economy and a bit more insight into the historic health care legislation, let's take out all these Limbaugh-Beck-Hitlerian-Republicans at the ballot box. Your time is ending and that's why you're so strident and frightened. You hated social security, you hated medicare. You want to go back to your lily-white, only men need apply, corporate controlled 1950's dreamland. Thank God it's gone. Let her will be done. Pangloss
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