Data On ObamaCare Shows Rationale Exaggerated

McArdle explains:

Part of Obamacare was a transitional “High Risk Pool” program to cover people who were unable to get insurance until the rest of the law’s provisions kicked in in 2014. The program allocated $5 billion. Medicare’s chief actuary assumed that it would attract 400,000 people; the CBO projected 200,000–but only because they assumed that HHS would use its authority to limit enrollment in order to keep the program below its budgetary cap.

The experience was not quite what had been expected. By January 2011, 8,000 people had enrolled, a number that rose to 12,000 by April. As of October 2011, by dramatically relaxing the requirements, lowering premiums, and paying brokers to enroll people, HHS had managed to get that number up to 41,000. Where were all the people with pre-existing conditions who couldn’t get insurance–the ones whose plight had been the impetus behind ObamaCare?

Full post can be found here.

13 Responses to “Data On ObamaCare Shows Rationale Exaggerated”

  • I think there’s an “e” missing somewhere. The title just doesn’t strike me as all that rational.

  • Fixed. Thanks Karlo. I blame ESL classes.

  • Hello to all of you. I am a political blogger and post to many of the sites here in the U.S. I am also a Republican but have been, for many years a Democrat. When Barack Obama became president, I changes once I saw what he was about. I tell you these things for your own good. So many people in the U.S. are either in a state of serious denial or they just do not want to know the truth. First of all, I know that many Mexicans, whites and blacks will support Obama simple because he is black. Many others will support him because they believe he will give them everything they want. I guess those are valid reasons to the person they belong to. I do know this however, Obama is a devout Muslim and believes in Allah. He does not believe in God. He is anti-American, pro-socialist and practices the trick he learned by studying Saul Alinsky’s book on organizing a society. If you vote for Obama, you are voting for a man who is without God, a man who will give you what you want, for a short time only. The man has lied from day one and has an administration that is bent on racial divide and hate. That is the way he will re-organize society…racial hatred and division in his attempt to make the US into a marxist nation. Do not fall for the deceits of this man. Do not vote for him. You are a part of the American society and I am sure you want the very same things I and millions of other Americans want….less taxes, better chances for ourselves and our children, health and hoped for prosperity. We do not want a country this is based on Islam and we do not want a president who is Islamc from birth.

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