By the end of March the
Obamacare website had registered 7.1 million people, which was the initial
goal of the roll out. However, in order
to be successful there has to be a minimum number of young people to achieve actuarial solvency,
the new members cannot be on Medicare or Medicaid since they were already
eligible for existing programs, and we have to get the 48.6 million Americans
with no health insurance (Census Bureau est. 2009) put on insurance.
So early estimates are
that the youth factor failed to reach the Obama goals, meaning, if true, next
year the rate base will have to be readjusted by potentially substantial health
insurance premium rate increases for everyone.
It seems new members for Medicare and Medicaid would be easy to report so the only reason for not
telling us the total new members in those entitlement programs, which the
Administration and Lame Street media failed to do, then the real numbers must
make the program look bad.
In light of the
possibility of the previously discussed adjustments, it is not unreasonable to
assume maybe 3-5 million of the 7.1 million need to be accounted for which
brings up the next adjustment. How many enrollees
were people who lost their health insurance when ObamaCare was implemented and
were buying replacement policies?
Finally we get to the
people expected by the Obama Administration to benefit the most, the 48.6
million uninsured Americans. How many of
the 7.1 million enrollees came from the group the bill was passed to serve?
If we deduct the Baby
Boomer enrollees sent to Medicare and Medicaid, say 2 million but it could be a
lot more, then deduct those who lost their insurance because of ObamaCare, we
might have 2-3 million who actually did not have insurance and do now. Of course that assumes all the new enrollees also
paid for their new insurance.
So perhaps if all went
well we now have 2-3 million people insured who were not insured before.
To listen to the Main Street
Of course they didn't
release any numbers, which they do have, which seems pretty strange if the
numbers do what he said they do.
Think about it.
Obama and the Democrat
politicians pass ObamaCare with NO Republican support.
ObamaCare is to extend
health insurance to 48.6 million uninsured.
After spending around a
billion dollars to launch the new program, about the cost of one Obama
political campaign, maybe 3 million uninsured are now insured.
I think that means after
three years and billions of dollars we have lowered the number of uninsured by one half of one percent. At this pace we might eliminate the uninsured
by the year 2114.
Of course how many more
uninsured are there since over 10 million American workers still can't find
jobs and have given up looking? There
could be millions of more uninsured since Obama took office which means we
might have lost ground thus extending my projected solution date for
eliminating the uninsured to closer to 2500.
In basketball terms, which
the Administration surely understands, not only are we not scoring points, but
we are making shots in the other team's basket giving them the points.
Progressive socialism is
most certainly a peculiar concept.
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