News Headlines Article

Obamacare costs less than expected, but there’s a catch
Sacramento Business Journal

Obamacare’s insurance coverage provisions will cost the federal government about $36 billion this year, $5 billion less than the Congressional Budget Office projected back in February.

That’s mainly because health insurance premiums in the exchanges set up under the Affordable Care Act came in less than expected, according to Monday’s update from the CBO. That’s good for the individuals who purchased plans from these exchanges, but it’s really good for taxpayers, because they’re the ones who are footing much of the bill for this coverage.

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