Statistics I found indicate that for the past decade health care costs have been rising by about 8% annually, while wages are rising at only about 4% annually. It now costs an average of about $13,400 to provide annual health care to the average family. The average family currently has combined income of about $50,000. Lets see what this will bring in the future if the current trend continues unabated.
The reliable yet simple "Rule of 72" states that the "doubling period" for anything can be determined by dividing the annualized percentage rate of growth (inflation) into 72.
The doubling rate for health care costs is therefore 72/8 = 9 years
The doubling rate for a families income is therefore 72/4 = 18 years
Therefore at the current rates of health care inflation vs. wage growth, 18 years from now things will look like this:
Average family income = $100,000
Average cost for family health care = $53,600
And in yet another 18 years (36 years total) things will look like this:
Average family income = $200,000
Average cost for family health care = $214.400
And this is why the current abomination of annualized health care inflation vs. wage growth (inflation) will cease regardless of what form health care takes.
The moral of the story is that if we permit Obamacare, and the rate of health care cost increases stops, it will not be because of Obamacare, but rather because the current historical trend simply can not continue into the future as it has in the historical past. Therefore watch where you give credit for the inevitable stop in the rise of health care costs, lest you give credit to Obamacare without giving it much thought.
"The greatest shortcoming of the human race is our inability to understand the exponential function."
Albert Bartlett, retired Nuclear Physicist