Teh One Who Knocks
04-22-2014, 10:41 AM
By Jim Angle - FOX News
http://i.imgur.com/0gPMzId.jpg
President Obama and other officials like to point to projections by the Congressional Budget Office to show that ObamaCare "is working," as the president put it.
He said 8 million have enrolled in the federal exchanges, but the CBO said in a recent report only 6 million are newly insured and some say even fewer than that did not have prior insurance.
"Twenty to 33 percent are actually newly insured and out of 8 million, that would be no more than 2 to 3 million people," said David Hogberg of National Center for Public Policy Research in Washington.
That is why the CBO showed that at the end of this year, there will still be 42 million uninsured and 31 million without insurance ten years from now.
Not only that, but starting in 2018, the CBO report projected the total getting coverage from the exchange will hit 25 million, although at the same time 12 million will lose coverage.
Scott Gottlieb of the American Enterprise Institute said, "So net, you're left with 13 million people who end up on private coverage over the next decade as a result of ObamaCare, and this is according to the Congressional Budget Office's own estimates."
He also said that since more than 5 million have already lost their existing coverage, the 12 million losing their coverage in the future is likely to be a much higher number.
"So I'm hard pressed to believe that over the next decade," Gottlieb said, "there's only going to be 12 million people moved out of private market coverage or the small group or individual market into ObamaCare."
In the meantime, the administration still insists it does not know how many people have actually paid their first premiums, which makes them officially enrolled. Analysts, however, have said all they have to do is ask.
"Every insurance company knows exactly how many people it has insured who have paid their premiums by the first of every month," said Robert Laszewski of Health Policy and Strategy Associates.
"All the administration has to do is go to the insurance companies that are participating in ObamaCare."
In fact, Georgia's insurance commissioner recently announced that of 220,000 applications, only 107,000 have actually paid -- a rate of less than 50 percent -- and almost all were offered subsidies.
Ralph Hudgens, the insurance commissioner, said the number who applied is well short of the 650,000 who were eligible for subsidies.
Most insurance companies have said 15 to 20 percent were not paying, so Georgia's experience could be a troubling sign.
http://i.imgur.com/0gPMzId.jpg
President Obama and other officials like to point to projections by the Congressional Budget Office to show that ObamaCare "is working," as the president put it.
He said 8 million have enrolled in the federal exchanges, but the CBO said in a recent report only 6 million are newly insured and some say even fewer than that did not have prior insurance.
"Twenty to 33 percent are actually newly insured and out of 8 million, that would be no more than 2 to 3 million people," said David Hogberg of National Center for Public Policy Research in Washington.
That is why the CBO showed that at the end of this year, there will still be 42 million uninsured and 31 million without insurance ten years from now.
Not only that, but starting in 2018, the CBO report projected the total getting coverage from the exchange will hit 25 million, although at the same time 12 million will lose coverage.
Scott Gottlieb of the American Enterprise Institute said, "So net, you're left with 13 million people who end up on private coverage over the next decade as a result of ObamaCare, and this is according to the Congressional Budget Office's own estimates."
He also said that since more than 5 million have already lost their existing coverage, the 12 million losing their coverage in the future is likely to be a much higher number.
"So I'm hard pressed to believe that over the next decade," Gottlieb said, "there's only going to be 12 million people moved out of private market coverage or the small group or individual market into ObamaCare."
In the meantime, the administration still insists it does not know how many people have actually paid their first premiums, which makes them officially enrolled. Analysts, however, have said all they have to do is ask.
"Every insurance company knows exactly how many people it has insured who have paid their premiums by the first of every month," said Robert Laszewski of Health Policy and Strategy Associates.
"All the administration has to do is go to the insurance companies that are participating in ObamaCare."
In fact, Georgia's insurance commissioner recently announced that of 220,000 applications, only 107,000 have actually paid -- a rate of less than 50 percent -- and almost all were offered subsidies.
Ralph Hudgens, the insurance commissioner, said the number who applied is well short of the 650,000 who were eligible for subsidies.
Most insurance companies have said 15 to 20 percent were not paying, so Georgia's experience could be a troubling sign.