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CBO: Obamacare costs lower than expected

This article was originally published in Scrip

Executive Summary

The Obama administration could hardly contain its glee on 14 April after the Congressional Budget Office (CBO) released revised figures showing the federal government will spend $5bn less on healthcare costs in 2014 – about $104bn less over the next decade – than what was earlier projected because premiums Americans will pay for insurance plans offered under the Affordable Care Act (ACA) will be lower than expected.

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