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Forbes
Obamacare Shows America Suffers From A President Dangerously Disconnected From Reality
By Peter Ferrara

The population of the U.S. is 314 million. On the day Obamacare was passed, the estimate of the uninsured was 60 million. So in this context, the supposed 7 million Americans signed up for insurance on the Obamacare Exchanges, even if that is a valid number, and all of those have actually started paying premiums, both of which are highly dubious, does not mean any significant success for Obamacare.

That is especially so since at least 6 million Americans have lost their health insurance due to Obamacare, so far, with more to come once the illegally and arbitrarily delayed employer mandate becomes effective, if it is ever allowed to do so. The estimate based on a new Rand Corporation study is that only 858,000 Americans signed up on the Obamacare Exchanges were previously uninsured. That is barely a dent of just over 1% in the original number of uninsured, from the historic Obamacare program that was supposed to provide “universal” coverage.

Yes, there are other sources of coverage under Obamacare. President Obama told us in his celebratory, hocus pocus, Obamacare address on April Fools’ Day that “more than 3 million young adults have gained insurance under this law by staying on their family’s plan.”

But that number is a publicly documented fabrication. It comes from a 2010 survey by the highly politicized Department of Health and Human Services estimating coverage for 19 to 25 year olds from all sources, including taxpayer financed Medicaid, and private insurance, which includes employer provided insurance and individually purchased plans, not just coverage from their parents’ health insurance, as David Hogberg explained at Spectator.org on April 2...

Read the rest of the article at Forbes





 
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