Obamacare Subsidies To Cost Less Than Expected, CBO Says

March 9, 2015 3:23 PM

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Obamacare Subsidies To Cost Less Than Expected, CBO Says

WASHINGTON -- The price tag for Obamacare will be lower than previously expected, independent federal auditors reported Monday in the latest downward revision of the cost to taxpayers of reducing the number of uninsured Americans.

Net spending on subsidies for private health insurance and greater enrollment in Medicaid and the Children's Health Insurance Program will total $1.2 trillion from next year through 2025. That's 11 percent less than Congressional Budget Office projections from just two months ago. The new estimate d...

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