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Sunday, December 29, 2013

Another Bad Month For Obamacare

The government gave out numbers today of the folks who selected health insurance policies prior to Christmas.  Once again, the numbers were bad.  According to the feds, 975,000 selected policies in December prior to the deadline to get coverage as of January 1.

The release of these figures gives rise to a few comments.

First, it is amazing that all during October and November, the Obamacrats refused to give out any numbers, claiming that they could not get those numbers until a few weeks after the end of the month.  Today's release makes clear that the earlier claims were just more lies.

Second, the original goal for Obamacare was to get seven million new insurance policies sold to the previously uninsured during the six months from October 1 to March 31, 2014.  That means the feds needed to sell about 1,167,000 policies each month to newly insured to reach that goal.  They are nowhere close to that figure.  Remember, the numbers released today are not policies sold, but policies selected.  Anyone who clicked on a policy but then never went on to make a purchase is counted by the feds, but they are not folks who actually bought insurance.  Further, hundreds of thousands of people whose policies were cancelled due to Obamacare are buying on the exchanges along with those who were previously uninsured.  That means that a large proportion of the number announced today are not newly insured folks.  The Obamacrats have not released detailed information so that we could see just how bad the numbers truly are.  Based upon some reasonable assumptions, however, it looks like instead of selling 3.5 million policies to the previously uninsured by the end of December, Obamacare is, instead, at a figure of something like less than ten percent of that.

The Affordable Care Act is not providing anything affordable, and it seems to be reducing the number of people with insurance rather than increasing it.  What a disaster!



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