The White House announced today that six million people have signed up for insurance under Obamacare as of the end of the day yesterday. It is certainly amazing that the system which the government told us for months was unable to report the number of people buying insurance until weeks after the fact suddenly works in real time. Or does it? Who knows if the latest report is even true?
Assuming, however, that the six million figure is real, what does it mean? Did Obamacare meet its goal or even come close? The answer is still no.
First, the goal was to add seven million people to the ranks of the insured (not counting Medicaid coverage.) The system has gotten nowhere near that number.
We know that over 20% of those buying insurance in the first five months of the program never paid for that insurance, so the policies for which they supposedly signed up never went into effect.
We also know that only roughly one quarter of the people signing up for insurance did not previously have coverage.
If these trends continued through March, then instead of seven million newly insured, Obamacare has produced about 1.2 million in that category. That means that the goals announced by the White House are not within reach. The program is a failure according to the terms chosen by Obama and the Obamacrats.
Even more important, what these numbers indicate is that the entire healthcare system of the USA has been disrupted and thrown into turmoil and trillions of dollars will be spent to get insurance for an additional one million two hundred thousand people. What a joke! No, what a failure!
Assuming, however, that the six million figure is real, what does it mean? Did Obamacare meet its goal or even come close? The answer is still no.
First, the goal was to add seven million people to the ranks of the insured (not counting Medicaid coverage.) The system has gotten nowhere near that number.
We know that over 20% of those buying insurance in the first five months of the program never paid for that insurance, so the policies for which they supposedly signed up never went into effect.
We also know that only roughly one quarter of the people signing up for insurance did not previously have coverage.
If these trends continued through March, then instead of seven million newly insured, Obamacare has produced about 1.2 million in that category. That means that the goals announced by the White House are not within reach. The program is a failure according to the terms chosen by Obama and the Obamacrats.
Even more important, what these numbers indicate is that the entire healthcare system of the USA has been disrupted and thrown into turmoil and trillions of dollars will be spent to get insurance for an additional one million two hundred thousand people. What a joke! No, what a failure!
No comments:
Post a Comment