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Obamacare To Cost Far Less Than Estimated, Budget Office Says>

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WASHINGTON, Jan 26 (Reuters) - Obamacare will cost 7 percent less than expected over the next decade for federal subsidies to help lower-income people pay for private health insurance, congressional researchers said on Monday. A report by the nonpartisan Congressional Budget Office (CBO) said insurance coverage would cost $964 billion from 2015 to 2024, $68 billion below its April 2014 projection, due to factors including lower than expected enrollment in federal and state insurance exchanges set up under the Affordable Care Act. Most of those subsidies, which help pay for insurance premiums and out-of-pocket costs, could be in jeopardy from a U.S. Supreme Court case that seeks to prevent...

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