A Healthy Blog

Massachusetts health care — wonky, with a healthy dose of reality

Happy Fifth Birthday, ACA

Happy Fifth Birthday, ACA

March 23, 2015

Today marks the fifth anniversary of the ACA.

Conceived out of Massachusetts health reform, the law has been an enormous success nationally. It's also made a huge difference here, with more people being covered with better coverage, due to the ACA's improvements over Massachusetts' reform.

The best piece we've seen so far on taking stock of the ACA at 5 years is this, "Obamacare is 5 years old, and Americans are still worried about death panels," by Vox's Sarah Kliff. The article is based on new polling results, which shows lots of misinformation and myths still present among Republicans, and low information overall. One of the biggest misperceptions is that the costs are going up. In fact,

the CBO overestimated the cost of Obamacare — and by quite a lot. In April 2014, it marked down its Obamacare projection by more than $100 billion. Much of the revision comes down to the fact that health-care costs have grown very slowly during 2009, meaning it's less expensive for the government to help millions of Americans purchase coverage. Just this month, CBO released new projections showing that Obamacare's subsidies would cost 20 percent less over the next decade than initially expected.

The government is now spending less on health care than CBO had projected back in January 2010 — a projection that didn't include any Affordable Care Act spending at all.

A modern birthday is celebrated with infographics, of course. And a video. Here's some celebrating:

 

Five reasons to celebrate

Peace of Mind from Obamacare

UPDATE: One more great White House video: