 Thanks To Obamacare, America Will Save $2.6 Trillion In Healthcare SpendingAs Obamacare continues to survive court challenge after court challenge (and the Republican s 50+ attempts at repealing), some good news about the landmark healthcare law comes today from the Urban Institute s Robert Wood Johnson Foundation.A new study conducted by the Foundation shows that healthcare spending in the United States, over a 5 year period, will be reduced by $2.6 trillion. The study was a correction to the Centers for Medicare and Medicaid Services, which reported inaccurate spending predictions based on a flawed view of consumer spending and attributes of the landmark healthcare law:When CMS originally made those projections, they really thought the slowdown in health-care spending [growth] was mostly due to the recession, and afterward we d see a return to the higher rates of spending growth   and that didn t really happen.Although Obamacare isn t completely responsible for the slow in healthcare spending, the study does note that that the healthcare law and the  ripple effect  of its policies are having an effect with Medicaid and other programs that is causing more financial stability in the markets.The hospital readmissions program (which is covered by federal reimbursements) saw a sharp decline in these rates once Obamacare came into law, saving the country billions. That s just one example of how the healthcare law has been saving the government tons of money it otherwise would have been throwing away for frivolous expenditures.So, in other words, the process may be cyclical, but Obamacare is certainly speeding it up (or slowing down the costs, in this case).The Kaiser Foundation, in 2013, also came to the conclusion:The hangover from the Great Recession has had significant effects on consumer spending in general, and health spending specifically   [The Affordable Care Act] has clearly had a large and direct effect on slowing down health spending in Medicare. Its effect on the rest of the health system is somewhat more speculative, but I believe it s real.Only one thing is for absolute certain: Obamacare has no skyrocketed healthcare spending. It may not be the only thing slowing it, but it certainly isn t bloating the budget.So when Republicans scream that the healthcare law will add to the deficit, add to the debt, created a bloated budget, or anything else they want to throw out in the air, the should read this study.All the doom and gloom the GOP has peddled for the last six years has shown to be nothing but right-wing conspiracy talk, drummed up to instill fear in people who are scared of a  socialist  takeover of healthcare.Featured image via Joe Readle/Getty ImagesNews
thanks to obamacare america will save trillion in healthcare spending obamacare continues survive court challenge court challenge republican attempts repealing good news landmark healthcare law comes today urban institute robert wood johnson new study conducted foundation shows healthcare spending united states year period reduced trillion the study correction centers medical medical services reported inaccurate spending predictions based flawed view consumer spending attributes landmark healthcare law when cms originally made projections really thought slowdown spending growth mostly due recession afterward see return higher rates spending growth really obamacare completely responsible slow healthcare spending study note healthcare law ripple effect policies effect medical programs causing financial stability hospital admissions program covered federal reimbursement saw sharp decline rates obamacare came law saving country billions that one example healthcare law saving government tons money otherwise would throwing away frivolous words process may cyclical obamacare certainly speeding slowing costs case kaiser foundation also came conclusion the hangover great recession significant effects consumer spending general health spending specifically the affordable care act clearly large direct effect slowing health spending medical its effect rest health system somewhat speculative i believe one thing absolute certain obamacare skyrocketed healthcare spending it may thing slowing certainly floating republicans scream healthcare law add deficit add debt created bloated budget anything else want throw air read doom gloom gop paddle last six years shown nothing conspiracy talk drummer instill fear people scared socialist takeover image via joe imagenes
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Thanks To Obamacare, America Will Save $2.6 Trillion In Healthcare SpendingAs Obamacare continues to survive court challenge after court challenge (and the Republican s 50+ attempts at repealing), some good news about the landmark healthcare law comes today from the Urban Institute s Robert Wood Johnson Foundation.A new study conducted by the Foundation shows that healthcare spending in the United States, over a 5 year period, will be reduced by $2.6 trillion. The study was a correction to the Centers for Medicare and Medicaid Services, which reported inaccurate spending predictions based on a flawed view of consumer spending and attributes of the landmark healthcare law:When CMS originally made those projections, they really thought the slowdown in health-care spending [growth] was mostly due to the recession, and afterward we d see a return to the higher rates of spending growth   and that didn t really happen.Although Obamacare isn t completely responsible for the slow in healthcare spending, the study does note that that the healthcare law and the  ripple effect  of its policies are having an effect with Medicaid and other programs that is causing more financial stability in the markets.The hospital readmissions program (which is covered by federal reimbursements) saw a sharp decline in these rates once Obamacare came into law, saving the country billions. That s just one example of how the healthcare law has been saving the government tons of money it otherwise would have been throwing away for frivolous expenditures.So, in other words, the process may be cyclical, but Obamacare is certainly speeding it up (or slowing down the costs, in this case).The Kaiser Foundation, in 2013, also came to the conclusion:The hangover from the Great Recession has had significant effects on consumer spending in general, and health spending specifically   [The Affordable Care Act] has clearly had a large and direct effect on slowing down health spending in Medicare. Its effect on the rest of the health system is somewhat more speculative, but I believe it s real.Only one thing is for absolute certain: Obamacare has no skyrocketed healthcare spending. It may not be the only thing slowing it, but it certainly isn t bloating the budget.So when Republicans scream that the healthcare law will add to the deficit, add to the debt, created a bloated budget, or anything else they want to throw out in the air, the should read this study.All the doom and gloom the GOP has peddled for the last six years has shown to be nothing but right-wing conspiracy talk, drummed up to instill fear in people who are scared of a  socialist  takeover of healthcare.Featured image via Joe Readle/Getty ImagesNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: thanks to obamacare america will save trillion in healthcare spending obamacare continues survive court challenge court challenge republican attempts repealing good news landmark healthcare law comes today urban institute robert wood johnson new study conducted foundation shows healthcare spending united states year period reduced trillion the study correction centers medical medical services reported inaccurate spending predictions based flawed view consumer spending attributes landmark healthcare law when cms originally made projections really thought slowdown spending growth mostly due recession afterward see return higher rates spending growth really obamacare completely responsible slow healthcare spending study note healthcare law ripple effect policies effect medical programs causing financial stability hospital admissions program covered federal reimbursement saw sharp decline rates obamacare came law saving country billions that one example healthcare law saving government tons money otherwise would throwing away frivolous words process may cyclical obamacare certainly speeding slowing costs case kaiser foundation also came conclusion the hangover great recession significant effects consumer spending general health spending specifically the affordable care act clearly large direct effect slowing health spending medical its effect rest health system somewhat speculative i believe one thing absolute certain obamacare skyrocketed healthcare spending it may thing slowing certainly floating republicans scream healthcare law add deficit add debt created bloated budget anything else want throw air read doom gloom gop paddle last six years shown nothing conspiracy talk drummer instill fear people scared socialist takeover image via joe imagenes