WASHINGTON - The rollout of President Obama's health care law may have deeply disappointed its supporters, but on at least one front, the Affordable Care Act is beating expectations: its cost. Even though the Affordable Care Act might be more a beneficiary of changes in health care spending than the primary driver of them, the law's provisions to control costs could prove increasingly important as the economy improves, demand for health care increases and spending picks back up. To be sure, the Affordable Care Act will lead to a drastic bump in health spending by the government starting next year, with an estimated nine million Americans signing up for Medicaid and perhaps as many as seven million buying a subsidized health plan through the government exchanges. "In the past five decades, there are only two periods when we've been able to sustain low excess health care cost growth for an extended period," Mr. Levitt, of the Kaiser foundation, said, referring to the current trend and a period in the 1990s, when the Clinton administration tried and failed at overhauling the health care system.
Source: NEW YORK TIMES
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