Wednesday, May 14, 2014

WH Claim Obamacare Is A Success Obliterated By Single Chart | The Federalist Papers

WH Claim Obamacare Is A Success Obliterated By Single Chart | The Federalist Papers

Woman Holding a Healh Care Sign
A new McKinsey survey has some good, but mostly bad news for those who support Obamacare.

One of the principal flaws in the coverage of Obamacare’s exchange enrollment numbers to date has been that the press has not made distinctions between those who have “signed up” for Obamacare-based plans, and those who have actually paid for those plans and thereby achieved enrollment in health insurance.
A new survey from McKinsey indicates that a large majority of people signing up are now paying for their coverage. This is progress for the health law. But the survey still indicates that three-fourths of enrollees were previously insured.
McK-enroll-Apr-2
This chart clearly shows that most of the 8 million enrolled under Obamacare had coverage previously, which means slighlty more than 2 million people have health coverage that did not have it before.
To call Obamacare a success would mean that it achieved it’s goal of insuring the uninsured, but this new report shows that not to be the case. Instead of being an opportunity for those without coverage to find affordable care, it was more of a redistribution of healthcare costs, with taxpayers now paying a much larger share than before.
What do you think of this?

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