The expense of healthcare, the thing that Obama promised would be minimized, has done exactly the opposite. Out of pocket expenses for deductibles, copayments, and monthly insurance premiums have not been made more affordable, but rather have put a strain on the very people who the Dems said they were helping.
Overall, government and private health insurance were the source of nearly three quarters of the health spending. Out-of-pocket spending by consumers on co-payments, deductibles and coinsurance made up 11 percent of health spending.
It seems however, the Dems bed-fellow, big pharma, is doing very well for itself thanks Obamacare.
Another major driver of the increases was prescription drug spending, which grew more than 12 percent to $297.7 billion — its largest annual increase in more than a decade. Anne Martin, an economist in the office of the actuary at CMS attributed the growth in part to a new generation of pricey hepatitis C drugs. Price hikes on brand name drugs also contributed, along with fewer savings on drugs whose patents expired
Never trust a politician who claims he has your best interest in mind, while he is being wined and dined by big pharmacy companies.
Source: Washington Post
Photo: Politifake.org
