Is the Affordable Care Act (ACA) actually reducing the nation’s health-care costs, as recent government statistics show, or is the cited two-year decline just indicative of a normal cycle associated with economic expansion? Economists at the Private Enterprise Research Center (PERC) at Texas A&M University have conducted an exhaustive analysis of relevant data and conclude the latter scenario to be more likely. A trio of economists — Drs. Thomas R. Saving, Andrew J. Rettenmaier and Zijun Wang — have prepared a 37-page study titled “Health Care Spending and the Affordable Care Act” that bears out their assessment.
Prof. Saving is director of PERC, a privately funded think tank focusing on various issues affecting the nation’s economy, including the ACA, Social Security, Medicare and related federal programs and who formerly served as a trustee on the government’s trust fund for those entitlements. Rettenmaier is executive associate director of PERC and has also extensively studied such programs and their effects. Wang is a PERC research scientist who also has conducted extensive research in health-related fields. They can be reached at (979) 845-7722.