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March 31, 2014
Less Than One-Quarter of Obamacare Enrollees Were Previously Uninsured; Three Quarters Were People Thrown Off Their Existing Insurance
Per a Rand Corporation study.
[O]f the people who have paid their first month’s premium on the Obamacare exchanges, and are thereby enrolled in coverage, 76 percent were previously insured, and 24 percent were previously uninsured.
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What’s important to remember is that this is not how Obamacare was supposed to work. The Congressional Budget Office, in its original estimates, predicted that the vast majority of the people eligible for subsidies on the exchanges would be previously uninsured individuals.
Guy Benson writes about all the chicanery in the Obamacare "sign-up" numbers, linking this piece by Marc Thiessen on the subject of the very small number of uninsured who have actually gotten insurance through Obamacare.
Recall that between 5 million and 6 million Americans lost their health plans because of Obamacare last fall. If the administration now succeeds in signing up 5 million to 6 million previously insured Americans, it will have achieved . . . nothing. Breaking even is no great accomplishment.
And let’s not forget: Many of those new Obamacare sign-ups are self-sufficient people who were previously paying their own way and now receive government subsidies for insurance. Creating government dependency is not progress — it’s a step backward.
The stated goal of Obamacare was not to move millions of privately insured Americans into taxpayer-subsidized health coverage. The goal was to cover the uninsured. That was the justification for all the chaos and disruption Americans have experienced — and that is the standard by which the administration should be judged.
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Goldman Sachs is projecting that only 1 million Obamacare sign-ups will come from previously uninsured Americans. Indeed, it estimates that the number of total signups will be just 4 million — not 6 million, as the administration claims — because “HHS figures . . . count all persons who selected an ACA exchange plan regardless of whether or not they have actually completed the enrollment process by paying their premium.” Goldman Sachs also anticipates that fully 75 percent of all the Obamacare sign-ups will be from people who already had insurance.
All this, for one million sign-ups of the previously uninsured.