Friday, March 6, 2015

Obamacare Will Cost 20% Less Than Initial Projections, CBO Says - Bloomberg Politics

Obamacare Will Cost 20% Less Than Initial Projections, CBO Says - Bloomberg Politics: "Through 2019, the law's insurance provisions will cost an estimated $571 billion, down $139 billion from the CBO's initial estimates. 

The news is not all good, however. By the year 2025, the CBO estimated that 31 million people would still not have health insurance. Based on higher than expected enrollment numbers, Medicaid will also cost the federal government $59 billion more than previously forecast over the coming decade, the CBO said. "  'via Blog this'

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