More people will be enrolled in Medicaid than predicted a year ago, fewer will be covered through the new public insurance marketplaces and the overall cost of insurance coverage under the Affordable Care Act will be higher than expected last year, the Congressional Budget Office said Thursday.
But the cost of insuring people will be substantially lower than the budget agency expected when the law was passed, on party-line votes, in 2010. It now estimates that the cost will total $465 billion in 2016-19, which is 25 percent less than its original estimate.
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