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CBO lowers estimate of health care law costs

The cases are United States of America v. Stanley L. Cohen, U.S. District Court for the Southern District of New York, No. 13-cr-00979, and United States of America v.

CBO officials attributed the changes in projections to changes in the law, the Supreme Court decision not to require states to expand Medicaid, administrative actions, new information, improvements to modeling methods, and lower projected health care costs for the federal government and the private health sector. While CBO considered only insurance provisions for the Affordable Care Act for this report, the office concludes that other pieces of the law will further bring costs down. The CBO estimated that silver plan premiums are about $3,800 this year, and they expect it to rise "slightly" in 2015 to legal about $3,900. After that, they expect average premiums on silver plans to go up to $4,400 in 2016 and $6,900 in 2024about defense attorney 6% per year from 2016 to 2014. That's about 15% lower than CBO projected in the fall of 2009. A silver plan is the second-highest plan available through the exchanges, and the most popular plan.

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