How many are going to lose their insurance?
How many people were actually considered not insurable before ACA due to Pre-existing conditions?
ANSWER:
First.. Let's see what the LYING OBAMA said to get ACA passed with it!
Up to half of all Americans have a pre-existing condition." —
Barack Obama on Thursday, September 26th, 2013 in a speech about the Affordable Care Act
Obama says half of Americans have a pre-existing condition
FACTS folks: Half of All Americans would have been 160 million. Right?
The Obama administration even put out a report titled
“At Risk: Pre-Existing Conditions Could Affect 1 in 2 Americans: 129 Million Could Be Denied Affordable Coverage Without Health Reform."
WELL right away that is a bald face lie BECAUSE under employer insurance there are no PRE-EXISTING conditions!!!
FACT is it affected less then 22 million i.e. 7% that had private health insurance...
BUT WAIT how many people were refused health insurance due to Pre-existing conditions?
A total of LESS THEN 1.5 million Americans who were denied health insurance or paid higher premiums due to pre-existing conditions.
Obama's Pre-existing Conditions Whopper
AND when ACA came into being and supposedly eliminated the "pre-existing conditions"???
Now under Obamacare HOW many people of those millions with Pre-existing conditions were covered?
Pre-existing Condition Insurance Program (PCIP) was operational in all 50 states by the fall of 2010.
By late 2012, just over 100,000 individuals were enrolled and program expenses had consumed nearly half of the $5 billion appropriation.
High-Risk Pools For Uninsurable Individuals
100,000! That's it!
And because these idiots who wrote ACA didn't comprehend the concept of actuarial science, i.e. figuring out risks...
they blew not only out of proportion how many people "MIGHT" be denied... BUT in determining premiums to cover risks i.e. claims...
NOW actuaries had to conclude EVERYONE had a pre-existing conditions. So what happens?
PREMIUMS had to go up! Simply because the insurance companies don't KNOW what the conditions will be and therefore the costs.