As the first phase of Open Enrollment v4.0 winds down, it may be helpful to get a sense of how successful the whole effort's been thus far (for cerain values of "success"). ObamaCare proponents like to boast that the train-wreck insured some 20 million Amercians.
But is this really accurate?
It will come as no surprise to IB regulars that the answer is a resounding 'No:'
"The Department of Health and Human Services claims that 20 million people have gained health coverage ... 17.7 million people gained health insurance from Obamacare’s first open enrollment period."
Which is all well and good, except that these numbers are based entirely on survey data, not actual, verified enrollment numbers. When one examines those, a very different picture emerges:
"Just over 14 million people gained coverage from the end of 2013 to the end of 2015. Of those 14 million, 11.8 million gained their insurance through Medicaid."
So roughly 85% of those being counted are not, in fact, insured: they're enrolled in Medicaid, which is not insurance. So less than 15% of the folks who ACA proponents claim became insured under the ObamaTax actually did so.
Of course, they'll never admit this, because: #Narrative.
But is this really accurate?
It will come as no surprise to IB regulars that the answer is a resounding 'No:'
"The Department of Health and Human Services claims that 20 million people have gained health coverage ... 17.7 million people gained health insurance from Obamacare’s first open enrollment period."
Which is all well and good, except that these numbers are based entirely on survey data, not actual, verified enrollment numbers. When one examines those, a very different picture emerges:
"Just over 14 million people gained coverage from the end of 2013 to the end of 2015. Of those 14 million, 11.8 million gained their insurance through Medicaid."
So roughly 85% of those being counted are not, in fact, insured: they're enrolled in Medicaid, which is not insurance. So less than 15% of the folks who ACA proponents claim became insured under the ObamaTax actually did so.
Of course, they'll never admit this, because: #Narrative.
from InsureBlog http://ift.tt/2gxxEhE
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