Sunday, February 9, 2014

More Truth About Obamacare

Whatever the precise number, it appears that a large majority of the activity in Obamacare private coverage sign-ups is essentially a churn operation: The system throws people out of their coverage, and then those people come to the system to sign up for new coverage, and that is reported as a gain for Obamacare.

Put the two together — Medicaid and private insurance — and it's clear the response of the nation's uninsured to Obamacare has been far less enthusiastic than the administration claims. Which means that the Affordable Care Act has gotten off to a terrible start at its core mission, insuring the uninsured.”

The Congressional Budget Office has estimated there are 57 million uninsured people in the United States. Even if Obamacare worked perfectly, an estimated 31 million would remain uninsured when the law is fully in effect. And if Obamacare continues to sputter and fail as it has so far, that number of still-uninsured could be much higher. Was it worth roiling the nation's health care system to achieve such lackluster results?


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