Early signs that Obamacare is on the right track to reduce costs

Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured in Forbes March 12, 2012

From Forbes:
While anyone who tries to tell you that the Affordable Care Act has already had some significant impact on either lowering or raising healthcare costs is being considerably less than honest - as the provisions that will do one or the other do not come into play for a few more years - there are some positive signs that the law might be on the right track when it comes to long-term cost savings.... A new study conducted by the University Of California, Irvine and the Virginia Commonwealth University Health System, has produced some results that indicate that the approach taken by the ACA may be very much on the right track. The study involved giving health insurance to some 26,000 previously uninsured people in Richmond, Virginia, allowing them to access primary care services in the area. The demographics of those participating in the program were designed to match the demographics of those who will be affected by the expansion of the Medicaid program in 2014.

For the full story, please visit http://www.forbes.com/sites/rickungar/2012/03/12/early-signs-that-obamac....

Wednesday, March 14, 2012