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Home Publications Blogs Beat the Press Michael Gerson Is Confused About Health Care Costs

Michael Gerson Is Confused About Health Care Costs

Tuesday, 08 April 2014 04:03

In his Washington Post column Michael Gerson told readers that health care costs increased at the fastest rate in 10 years in the last quarter of 2013. His source lists the growth rate of expenditures (not costs) at 5.6 percent in the quarter. This follows very slow growth in the prior three quarters. By comparison, health care spending grew by 6.7 percent over the whole year in 2007. There may well have been quarters more recently in which the growth rate exceeded 5.7 percent (the quarterly data are erratic), but clearly the claim that the fourth quarter growth rate was a ten-year high is obviously not true.

Comments (5)Add Comment
written by djb, April 08, 2014 5:55
Was partly people buying insurance.....so expenditure... not costs

Confused would be a step up for Gerson
written by ifthethunderdontgetya™³²®©, April 08, 2014 6:41
His natural mode is "lying." (See Iraq War, for instance.)

written by Dryly 41, April 08, 2014 8:37
Michael Gerson is confused. Enough said.
A Fools Fool
written by Larry Signor, April 08, 2014 4:24
I am disappointed by the mild treatment Gerson is receiving for such POS article. His data is mostly incorrect, his analysis sophomoric and his political beliefs glaringly unapparent. He transcends dishonesty with his article.

"But the whole story of Obamacare has been a cycle of overpromising and disappointment." Ever hear of Amazon.com?

"Both the left and (responsible portions of) the right want to solve a problem that leaves tens of millions without health insurance." Just not true, http://krugman.blogs.nytimes.c...ity/See PK
Sorry, Bad URL
written by Larry Signor, April 08, 2014 4:30

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.