More Obamacare Fun

Firstly, our friend, Steve Green, is pointing out some of what I was mentioning below and then goes a few thoughts deeper on the subject in The Week the Wheels Came Off Obamacare.

The pols and pundits can argue and fingerpoint until they’re blue in the — finger? — but Obamacare’s numbers paint a bleak picture of broken promises and outright lies. After a full month, nearly 40,000 people have successfully signed up for health insurance at HealthCare.gov, out of an administration goal of over seven million by the end of March. At that rate, the administration will have met its goal sometime in the autumn — of 2028.

Mind you, the goal of Obamacare was to provide coverage for some 47,000,000 uninsured Americans. So take those 15 years and multiply them by about seven. You’re gonna need a bigger calculator.

Ignored in those dreary statistics is the fact that people are being dumped out of their current coverage and onto the nonfunctional exchanges faster than the exchanges can handle them. An estimated 1,500,000 have lost their coverage, up against those newly insured 40,000. The best guess is that seven or eight million more face the same fate.

And that’s just the first few paragraphs.

This little article dives into the numbers in Kentucky– and it’s dismal.

These notes serve to reinforce my belief that when the numbers start turning positive, the “newly covered” are going to be nothing of the sort. Folks stripped of coverage by government mandate will be the first, largest influx of Obamacare enrollees.

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