The troubled start of the public exchange program will likely mean 6 million people will enroll in commercial plans – 1 million fewer than originally projected — and it may save the federal government a bit of money over the next 10 years, Congressional Budget Office analysts say.
The analysts now estimate that the net cost of the Patient Protection and Affordable Care Act coverage provisions to the federal government will be $1.335 trillion from 2014 through 2023.
That figure is 0.7 percent lower than the estimate CBO analysts published in May 2013, the analysts wrote in a new commentary on CBO PPACA budget impact projections.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
