Skip to main content
  1. News
  2. Politics
  3. Policy & Issues

As many as 89% of enrollees in Obamacare exchanges were previously insured

See also

The White House and its water carriers in the mainstream media continue to insist that all is well in Obamacareland. In fact, the latter, following a brief hiatus into the realm truth-telling, have once again embraced the party line with a renewed vigor.

But all is anything but well, as J.E. Dyer noted in a Quick Take yesterday. Following up on that theme comes a new round of sobering reporting from Manhattan Institute fellow Avik Roy, who writes in his “Apothecary” column at Forbes:

At the end of the day, for all of the rhetoric and promises about what Obamacare would achieve, the health law’s most ardent supporters have stuck to their guns because of one thing: coverage expansion. But new data suggests that Obamacare may fail even to achieve this goal. Instead of expanding coverage to those without it, Obamacare is replacing the pre-existing market for private insurance. Surveys from insurers and other industry players indicate that as few as 11 percent of those on Obamacare’s exchanges were previously uninsured. If these trends continue, the probability increases that Obamacare will eventually get repealed.

So how bad is it? According to an industry survey by McKinsey & Co., “only 11 percent of consumers who bought new coverage under the law were previously uninsured.”

Read the rest of the story here.

Related Articles

For more articles and headlines, be sure to check out Liberty Unyielding. Follow me on Twitter or join me at Facebook.

Advertisement

News

  • Mt. Everest avalanche
    Disaster strikes Mt. Everest as at least 12 people were killed in an avalanche
    Video
    Watch Video
  • Most Earthlike planet discovered
    The Kepler telescope has discovered the most Earthlike, possibly habitable planet yet
    Space News
  • Easter crosses create debate
    Easter crosses spark a debate of separation of church and state in Ohio
    Headlines
  • Chelsea Clinton is preggers
    Former first daughter Chelsea Clinton is pregnant with her first child
    Headlines
  • Stanley Cup playoffs
    The battle for Lord Stanley's Cup is on, don't miss a minute of playoff action
    Sports
  • Ukraine discussed amongst U.S., E.U., Russia
    The U.S., E.U. and Russia agree on ways to diffuse the tension in Ukraine
    Video
    Watch Video

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!