US Spent Trillions Less than Expected Spent on Healthcare

The United States is spending trillions — yes, trillions — less on health care than government forecasters expected when Obamacare passed in 2010.

Back then, the Congressional Budget Office estimated that the United States would spend $23.7 trillion on health care between 2014 and 2019.

But the forecasting agency has regularly and repeatedly revised spending estimates downward over the past six years. In 2015, it estimated that health care would cost the United States $2.6 trillion less over that same five-year period, a new analysis from the Urban Institute and the Robert Wood Johnson Foundation shows.