It looks as thought the advent of Obamacare and the provision of insurance to people who previously didn't have it has unleashed demand for health care services that simply wasn't there before.
In fact, spending on health care grew in the first three months of the year at an astonishing annual rate of nearly 10%.This is no surprise to many of us. As we saw in Massachusetts when universal access was provided, if you give people health insurance, they will use it. In fact, at heart, that's why we want to give them insurance. In the past, people without health insurance would avoid important visits to the doctor, or important visits to the hospital, or important consumption of drugs.