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CBO lowers estimate of those insured under PPACA

Published
  • February 06 2013, 12:13pm EST

(Bloomberg) — The number of Americans projected to gain insurance from the Patient Protection and Affordable Care Act is eroding, by at least 5 million people, as the Obama administration works to implement the $1.3 trillion health care reform law.

About 27 million people are expected to gain coverage by 2017, according to a report Tuesday from the Congressional Budget Office. The CBO had projected when the law passed in 2010 that 32 million uninsured people would be on a health plan within a decade, and a year later raised its estimate to 34 million. 

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