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Response to questionseverything (Original post)

Fri Jan 15, 2016, 10:48 PM

7. I did a quick Google search and came up with this....




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 the Congressional Budget Office projected just two months ago. The new estimate doesn't account for spending cuts and tax increases in the law, which the budget agency previously projected would result in a net decrease in the federal budget deficit because of Obamacare.

A continuing, historic slowdown in the growth of national spending on health care during recent years is one major reason for the Congressional Budget Office and Joint Committee on Taxation's re-evaluation of the Affordable Care Act's cost. Economists agree that the recession and slow recovery played a major role in keeping down health care spending as Americans' wallets were tight, and experts predict that spending will rise more quickly as the economy continues to improve. No consensus has emerged regarding the influence of Obamacare's cost-containment initiatives on this trend, but the congressional scorekeepers have incorporated lower health care spending and lower premiums into their calculations.

"Although it is unclear how much of that slowdown is attributable to the recession and its aftermath and how much to other factors, the slower growth has been sufficiently broad and persistent to persuade CBO and JCT to significantly lower their projection of federal costs for health care," the new report concludes.

Keep in mind that we will also have the money from the VA and Tricare and Medicaid and costs from sending taxpayer money to private insurance companies for government employees etc etc etc.

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questionseverything Jan 2016 OP
darkangel218 Jan 2016 #1
questionseverything Jan 2016 #2
darkangel218 Jan 2016 #3
Autumn Jan 2016 #5
onecaliberal Jan 2016 #4
Motown_Johnny Jan 2016 #6
onecaliberal Jan 2016 #8
Motown_Johnny Jan 2016 #9
onecaliberal Jan 2016 #10
LineNew Reply I did a quick Google search and came up with this....
Motown_Johnny Jan 2016 #7
questionseverything Jan 2016 #11
Recursion Jan 2016 #12
questionseverything Jan 2016 #13
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