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Obamacare Costs Continue to Plummet  

By: weco in FFFT | Recommend this post (2)
Tue, 15 Apr 14 9:57 PM | 40 view(s)
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Hundred billion here, hundred billion there, pretty soon you are talking about real money.

The health-care law's expansion of insurance coverage will cost $104 billion less than projected over the next decade, according to revised estimates from nonpartisan budget analysts Monday. Obamacare's lower-than-expected costs will come largely because premiums will be cheaper than previously thought.

Obamacare's coverage provisions in 2014 are expected to cost $5 billion less than the $41 billion the Congressional Budget Office and Joint Committee on Taxation projected earlier in the year. The CBO now expects the federal government to spend about $164 billion less in the next decade on subsidies in Obamacare health insurance marketplaces. ?

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/04/14/lower-premiums-yes-really-drive-down-obamacares-expected-costs-cbo-says/


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