Good news, so-so news, bad news, and a path forward.

The good news is that Obamacare’s base premiums are 16% below projections. That means that the Congressional Budget Office, when it has estimated the federal cost of the program, has been overestimating the expenditures.

The HHS report at the link is a sign that Obamacare will likely reduce the federal deficit far more than originally thought.

The so-so news is that these federal savings don’t translate into consumer savings. 88% of the currently uninsured will qualify for premium support or Medicaid; only 12% of people will pay the […]