Affordable Care Act
Certified Full-Text Version: Affordable Care Act
As passed in the Senate of the United States, December 24, 2009.
Certified Full-Text Version: Health Care and Education Reconciliation Act of 2010
As passed in the Congress of the United States, January 5, 2010.
Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act
Congressional Budget Office, April 2014
“CBO and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the provisions of the Affordable Care Act (ACA) that relate to health insurance coverage. The new estimates, which are included in CBO’s latest baseline projections, reflect CBO’s most recent economic forecast, account for administrative actions taken and regulations issued through March 2014, and incorporate new data and various modeling updates.
Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA’s coverage provisions will result in lower net costs to the federal government: The agencies currently project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015–2024 period, $104 billion less than the previous projections (see the figure below).” Read more at Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act
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