News Headlines Article

US could spend $2.6 trillion less on health than original Obamacare estimates
CNBC

A trillion here, a trillion there, and pretty soon you’re talking about real money.

The United States is on track to spend $2.6 trillion less on health care over a five-year period than was originally projected after the passage of Obamacare, a new Urban Institute study released Monday said.

The report also said there is evidence that the growth in health spending has again slowed after it spiked in 2014.

It remains an open question whether Obamacare itself is responsible for the slowdown in estimated spending from 2014-19, which represents an 11 percent drop in spending estimates, or whether the overall sluggish economy should get the credit.

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