Monday, April 28, 2014
ACA/Obamacare: The Latest CBO Price Tag is $53,192 Per Obamacare Insured.
"The small dent in the total number of uninsured, despite the slight cut in CBO’s projections, still comes at a significant cost to taxpayers. The CBO’s new estimate of Obamacare’s cost is $1.38 trillion through 2024.
When the costs of Medicaid and CHIP’s publicly-funded health coverage is set aside, the total cost of private insurance plans and related spending comes in at $591 billion through 2024. At that
rate, the taxpayer cost of each newly added private insurance enrollee would amount to $45,461.
When the CBO’s estimate total net amount of newly insured — whether customers have private coverage, Medicaid or CHIP — are compared to the health care law’s total cost over the next decade, the cost per person is slightly higher at $53,192." - ANALYSIS: Obamacare will cost taxpayers $53,000 per newly insured, dailycaller.com, 04/24/2014
Link to the entire article appears below: