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Report says Affordable Care Act cost falling as fewer to receive coverage

from Houston Chronicle

The cost of President Barack Obama's signature healthcare law is continuing to fall. The Congressional Budget Office announced that the Affordable Care Act will cost $142 billion, or 11 percent less, over the next 10 years, compared to what the agency had projected in January. The nonpartisan agency said the Affordable Care Act will cost less for two essential reasons: health insurance premiums are rising more slowly, and slightly fewer people are now expected to sign up for Medicaid and for subsidized insurance under the law's marketplaces. more

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