RAND: Only One-Third Of Obamacare Exchange Sign-Ups Were From The Previously Uninsured
The RAND study hasn’t yet been published, but its contents were made available to Noam Levey of the Los Angeles Times. RAND also estimates that 9 million individuals have purchased health plans directly from insurers, outside of the exchanges, but that “the vast majority of these people were previously insured.”
The RAND report appears to corroborate the work of other surveys. Earlier this month, McKinsey reported that 27 percent of those signing up for coverage on the individual market were previously uninsured.
If you apply that math to the RAND figures, you get this: of the people who have paid their first monthÂ’s premium on the Obamacare exchanges, and are thereby enrolled in coverage, 76 percent were previously insured, and 24 percent were previously uninsured.
WhatÂ’s important to remember is that this is not how Obamacare was supposed to work. The Congressional Budget Office, in its original estimates, predicted that the vast majority of the people eligible for subsidies on the exchanges would be previously uninsured individuals.
RAND: Only One-Third Of Obamacare Exchange Sign-Ups Were From The Previously Uninsured - Forbes
This article is a good read and shows that reality is starting to hit this debacle.
But, as I've said over and over, it's was never about insuring the uninsured.
The young and middle class are going to feel the pinch. The young starting out in the world deep in debt from school and paying huge premiums and deductibles.
Obama has to be proud of his "Hope and Change" thingy.
The RAND study hasn’t yet been published, but its contents were made available to Noam Levey of the Los Angeles Times. RAND also estimates that 9 million individuals have purchased health plans directly from insurers, outside of the exchanges, but that “the vast majority of these people were previously insured.”
The RAND report appears to corroborate the work of other surveys. Earlier this month, McKinsey reported that 27 percent of those signing up for coverage on the individual market were previously uninsured.
If you apply that math to the RAND figures, you get this: of the people who have paid their first monthÂ’s premium on the Obamacare exchanges, and are thereby enrolled in coverage, 76 percent were previously insured, and 24 percent were previously uninsured.
WhatÂ’s important to remember is that this is not how Obamacare was supposed to work. The Congressional Budget Office, in its original estimates, predicted that the vast majority of the people eligible for subsidies on the exchanges would be previously uninsured individuals.
RAND: Only One-Third Of Obamacare Exchange Sign-Ups Were From The Previously Uninsured - Forbes
This article is a good read and shows that reality is starting to hit this debacle.
But, as I've said over and over, it's was never about insuring the uninsured.
The young and middle class are going to feel the pinch. The young starting out in the world deep in debt from school and paying huge premiums and deductibles.
Obama has to be proud of his "Hope and Change" thingy.