{"id":42173,"date":"2014-04-04T06:54:54","date_gmt":"2014-04-04T10:54:54","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=42173"},"modified":"2014-04-04T06:59:22","modified_gmt":"2014-04-04T10:59:22","slug":"about-that-obamacare-success-the-medias-touting","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=42173","title":{"rendered":"About That “ObamaCare Success” the Media’s Touting . . . ."},"content":{"rendered":"

The current Administration has announced that over 7.1 million individuals have \u201csigned up\u201d for ObamaCare under those famous (or, if you prefer, infamous) \u201chealthcare exchanges\u201d it claimed would provide insurance to the uninsured.<\/p>\n

Sounds like they were a rousing success, right?\u00a0 Well, not really.\u00a0 That number appears to be yet another example of the Administration\u2019s \u201cselective interpretation of reality\u201d.\u00a0 (Yeah I know \u2013 you\u2019re shocked, shocked that this Administration would ever do that.)<\/p>\n

First off:\u00a0 published accounts indicated that most persons signing up for ObamaCare already had health insurance<\/a>. Best estimates put this fraction at between 2\/3 and 3\/4 \u00a0of ObamaCare signups.<\/p>\n

Second:\u00a0 it looks like about 3\/4 of signups will have higher premiums under ObamaCare than they did before<\/a>.\u00a0 So much for “affordable”.<\/p>\n

Third:\u00a0 there\u2019s a big difference between \u201csigned up\u201d and \u201cinsured\u201d.\u00a0 Until the person signing up pays their first premium, they do not have insurance<\/em>.\u00a0 Period.<\/p>\n

Best available data indicates that that only 80-85% of signups have actually made that first ObamaCare premium payment<\/a>.\u00a0 That\u2019s what Blue Cross\/Blue Shield is reporting.\u00a0 And it tracks with anecdotal reports from other insurers.<\/p>\n

Apply that fraction, and it means that instead of 7.1 million insured, you actually have between 5.7 and 6.0 million insured.\u00a0 And since 3\/4 \u00a0of those were previously insured, well, that translates into roughly 1.4 and 1.5 million people newly insured.<\/p>\n

Yeah, really what I’d call a “success”.\u00a0 To paraphrase Pyrrhus:\u00a0 “Another such ‘success’ and we shall be ruined.”<\/p>\n

We need to cut our losses and walk away from this abysmal failure.\u00a0 It’s nothing but a bottomless money pit that can’t deliver.<\/p>\n","protected":false},"excerpt":{"rendered":"

The current Administration has announced that over 7.1 million individuals have \u201csigned up\u201d for ObamaCare under … About That “ObamaCare Success” the Media’s Touting . . . .<\/span>Read more<\/a><\/p>\n","protected":false},"author":623,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88],"tags":[],"class_list":["post-42173","post","type-post","status-publish","format-standard","hentry","category-health-care-debate"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/42173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/623"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42173"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/42173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}