This is an opinion item.
| Author(s)
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Thomas Miller, Abby McCloskey
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| Source
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The Wall Street Journal
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| Date
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November 26, 2013
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| URL
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http://online.wsj.com/news/articles/SB10001424052702303653004579213841747969928
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| Quote
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The only apparent bright spot is that the average annual rate of health-care spending increases has slowed. Over the past three years, growth in health-care spending averaged 3.9% year-over-year, considerably slower than the historical average. However, annual health-spending growth rates began to decline a decade ago. In 2002, health-care spending grew by nearly 10% in a single year. The growth rate dropped to 7.1% in 2004, 6.2% in 2007, and bottomed out at 3.9% in 2009—the worst year of the Great Recession, where it has stayed ever since. ObamaCare was enacted in 2010.
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This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.
