"The biggest consequence is the obscuring of the true cost of health care from those who ultimately pay it,” says Paul Starr, a sociologist at Princeton University whose 1982 book chronicling the history of American medicine won the Pulitzer Prize. “I think that created the single largest source of pressure for rising health care costs.”--Quote from National Journal article on Obamacare.
By covering more people, health reform may obscure the true cost of healthcare from 50 million more Americans. While commendable from a humanitarian perspective, this will arguably exacerbate the phenomenon Starr elucidates in the quote above.
If the cost controls built into the Affordable Care Act fail, then we could see an acceleration in the rate of increase in healthcare costs going forward.
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