Report: Obamacare To Cost 'Billions Of Dollars Less Than Originally Projected' [View all]
Last edited Tue Dec 3, 2013, 08:55 AM - Edit history (1)
Source: TPM
TOM KLUDT DECEMBER 3, 2013, 6:59 AM EST
Among the GOP's myriad criticisms of the Affordable Care Act, one of the loudest has centered around the law's price tag. But it turns out Obamacare won't be as costly as expected.
The New York Times reported Tuesday that "the government is expected to spend billions of dollars less than originally projected on the law."
The adjusted estimate is a result of the law's Medicaid expansion and the subsidies for private insurance plans proving less costly than initially anticipated. According to the Times, economists say that the law has also benefitted from a weak economy over the last half-decade, during which time health spending has slowed dramatically.
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Roughly 100,000 people signed up for insurance last month using the troubled online federal health exchange HealthCare.gov.
Read more: http://talkingpointsmemo.com/livewire/report-obamacare-to-cost-billions-of-dollars-less-than-originally-projected
So the web site is working and it will cost less then was expected so what
will "they" find to complain about the ACA now?
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