News Headlines Article

Does expansion of coverage actually cut healthcare costs?

When President Barack Obama stood before Congress in 2009 and urged for the passage of the Affordable Care Act, he reiterated that the law would slow spending growth.

But his argument that universal healthcare would generate significant cost savings is wrong, according to an opinion piece from the New York Times‘ The UpShot.

The article’s author, Margot Sanger-Katz, points out that individuals with insurance actually spend more on medical care than people who don’t. Additionally, most preventive healthcare costs more than it saves.