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. The CBO's expected costs of the Affordable Care Act's coverage provisions have declined since it was signed four years ago, as you can see in the below chart.
Originally Posted by Parkbandit
I thought you were some shit hot business man? Either you're just being critical because you like to troll or you don't understand what you're looking at. Which is it?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.
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