Subsidies Are Forcing the Cost of ObamaCare Higher

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by Deneen Borelli

The cost of ObamaCare is rising above its original estimates because of the generous federal subsidies given to 90 percent of Americans that signed up for the health care plan through the government run exchange.

The government subsidies on average lowered premium costs by about 76 percent according to a report by the Department of Health and Human Services.

The Los Angeles Times reported on a government study.

While the generous subsidies helped consumers, they also risk inflating the new health law’s price tag in its first year.

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