Sebelius: Insurance Rates Coming in 16 Percent Lower than CBO Projected

‘The rates have come in about 16 percent lower than what the Congressional Budget Office projected them to be’

SEBELIUS: "The rates have come in about 16 percent lower than what the Congressional Budget Office projected them to be."
CRAPO: "That is not lower than actual fact."
SEBELIUS: "Those were projections of the rates so the rates were lower. Much like we have heard the projections around Medicare Part D."
CRAPO: "Are you saying in the individual markets, insurance rates are going down?"
SEBELIUS: "I did not say they were going down, I said the rates are lower than was predict did, and for millions of people in the market a will for the first time ever have financial help."

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