(Bloomberg) — Premiums for health plans to be sold to the uninsured next year will be less costly than government analysts expected under President Barack Obama’s signature health care law, his administration will report today.

Monthly rates for silver plans, the second-least generous available next year, will be about 18% less than the Congressional Budget Office estimated last year when it calculated the cost of the Affordable Care Act, according to a report by the Health and Human Services Department scheduled to be released today and previewed by administration officials.

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