In 2013 the CBO Projected that Without ObamaCare 186 Million People Would Have Private Health Insurance by 2016–160 Million Employer Based Plans and 26 Million Individual Purchased Plans
(Weekly Standard) Three years ago on the eve of ObamaCare’s implementation the Congressional Budget Office (CBO) projected that President Obama’s so called legacy achievement would result in an average of 201 million people having private health insurance in any given month in 2016
Now that 2016 is here the CBO says that just 177 million people on average will have health insurance in any given month of this year–a shortfall of 24 million people.
Based on the CBO’s own numbers it appears that ObamaCare has actually ‘reduced’ the number of people with private health insurance. The CBO now says that with ObamaCare 177 million people will be covered by private health insurance in 2016–155 million on employer based plans, 12 million purchased through the ObamaCare exchanges and 9 million on other individually purchased plans (plus a rounding error of 1 million)
In other words it would appear that a net 9 million people have lost their private health plans thanks to ObamaCare, with a net 5 million having lost employer-based plans and a net 4 million people having lost individually purchased plans.
- One Can Thank the Democrats In November
Related: ObamaCare May Force Employers to Pull Plug of Millions of Healthcare Plans
Chelsea Clinton: My Mom Could Use ‘Executive Action’ to Handle ObamaCare’s Crushing Costs
Tweet