Posted on 01/19/2014 6:23:44 PM PST by markomalley
At the end of the day, for all of the rhetoric and promises about what Obamacare would achieve, the health law’s most ardent supporters have stuck to their guns because of one thing: coverage expansion. But new data suggests that Obamacare may fail even to achieve this goal. Instead of expanding coverage to those without it, Obamacare is replacing the pre-existing market for private insurance. Surveys from insurers and other industry players indicate that as few as 11 percent of those on Obamacare’s exchanges were previously uninsured. If these trends continue, the probability increases that Obamacare will eventually get repealed.
65-89% of Obamacare exchanges enrollees were previously insured
The latest reporting on this topic comes from Christopher Weaver and Anna Wilde Mathews of the Wall Street Journal. They cite several industry surveys on the coverage history of those signing up for insurance on the Obamacare exchanges. The first, from McKinsey & Co., indicates that “only 11 percent of consumers who bought new coverage under the law were previously uninsured.” McKinsey surveyed 4,563 individuals “thought to be eligible for the health-law marketplaces,” of which 389 had enrolled in exchange-based plans.
Of those that didn’t sign up for Obamacare-based coverage, 52 percent stated that “affordability” was their biggest complaint with the exchanges’ plan offerings. Only 30 percent cited “technical challenges in buying the plans.”
(Excerpt) Read more at forbes.com ...
This must not include the hordes being added to Medicaid.
Subtract out he Medicaid enrollees and get back with a proper analysis.
Can we start calling our so called national healthcare system our CORRUPT national healthcare system now?
Text says 11%... That’s far less than 1/3 (33.3%). More like a 1/3 of a 1/3
The plan to implement single payer rolls along quite excellently. The balance is near perfect.
Hey America — you asked for it in the voting booth — and you got it.
From a survey cited in the story, biggest reason people weren’t signing up... not affordable.
Surveys from insurers and other industry players indicate that as few as 11 percent of those on Obamacare’s exchanges were previously uninsured. If these trends continue, the probability increases that Obamacare will eventually get repealed.
As Jean-Luc Picard says.. Make It So!
So, which of these groups are going to be called racist?
Medicaid isn’t insurance. You pay for insurance. It’s Welfare...
Most of those who were already uninsured know that they will get treated for free because their votes are important to the fascists. Why should they spend EBT money on insurance when there are so many brands of beer and drugs to choose from?
So much for the Affordable Care Act.
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