ACADuring the first 2 years of the Affordable Care Act (ACA), families saw a reduction in out-of-pocket (OOP) medical costs, but an uptick in premium payments, according to a new study published by JAMA Internal Medicine.

These findings highlight how the ACA shifted costs from low-income individuals to high-income individuals, while also altering OOP spending, according to the study.

“Our findings suggest that the Affordable Care Act reduced out-of-pocket costs for many Americans,” said lead author Anna Lise Goldman, MD. “While the law helped ease families’ medical cost burden, it didn’t stem the steady rise in families’ premiums and left plenty of room for progress.”

The authors of the study examined the medical spending of 843,431 non-elderly patients during the 2 years before and after ACA implementation. The authors analyzed spending on OOP medical expenses and premiums.

The authors discovered that yearly savings on OOP expenses averaged $74 (12%), with lower-income patients saving an average of 21.4%. In contrast, higher-income patients did not benefit from any savings, according to the study.

Higher-income individuals also experienced a 23% increase in their premium costs; however, patients in other income groups did not see a substantial increase.

During this time, premiums increased an average of $232 (12%), according to the study.

To read more follow the link here: ACA Study