$84B Saved, Millions More Uninsured After ACA Ruling: CBO

Law360, New York (July 24, 2012, 5:06 PM EDT) -- The U.S. Supreme Court’s ruling allowing states to opt out of a Medicaid expansion means health reform will cost tens of billions of dollars less than expected and that millions more people will remain uninsured, the nonpartisan Congressional Budget Office reported Tuesday.

The CBO’s report predicted savings of $84 billion compared with what expanded coverage under the Patient Protection and Affordable Care Act was previously projected to cost. The hefty price cut results from 6 million fewer people than expected enrolling in Medicaid, and only half...
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