It's important to remember the context of this statement. Health care reformers have been claiming that preventative care will save money, lots of money. The net of this missive is that it won't, for the mentioned reasons.
This statement doesn't say that it's a bad idea, or that it shouldn't be done, or anything like that. What the statement does explicitly say is:
"Of course, just because a preventive service adds to total spending does not mean that it is a bad investment. Experts have concluded that a large fraction of preventive care adds to spending but should be deemed “cost-effective,” meaning that it provides clinical benefits that justify those added costs."
So, not necessarily a "bad thing". Just not something that can be honestly scored as saving money. Further conclusions are still up to you.
Please note that I am not commenting on the truthfulness or accuracy of this statement at this time, just clarifying the original message, to the best of my ability in my capacity as "someone who did not write it". Understanding what people are actually saying without politicized distortion (for whatever reason) is a necessary, but not sufficient, step to understanding the relevant issues.