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ACA Spending Below Projections

The cost of the Affordable Care Act is about $5 billion a year less than originally projected, mostly because insurance premiums were lower than expected, the Congressional Budget Office said Monday.  Meanwhile, premiums for the benchmark plan (the second-lowest-cost “Silver” plan) are expected to rise about 6 percent per year, also less than projected, the Miami Herald reports.  The CBO said that the new projections resulted in a lower deficit this year and next year than would have occurred in the absence of the legislation.

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.