The Daily Mail highlights a new study that suggests that out of the touted 7.1 million Obamacare signups, less than one million paying customers were previously uninsured:
Numbers from a RAND Corporation study that has been kept under wraps suggest that barely 858,000 previously uninsured Americans – nowhere near 7.1 million – have paid for new policies and joined the ranks of the insured by Monday night.
Others were already insured, including millions who lost coverage when their existing policies were suddenly cancelled because they didn’t meet Obamacare’s strict minimum requirements.
Still, he claimed that ‘millions of people who have health insurance would not have it’ without his insurance law.’
The unpublished RAND study – only the Los Angeles Times has seen it – found that just 23 per cent of new enrollees had no insurance before signing up.
And of those newly insured Americans, just 53 per cent have paid their first month’s premiums.
If those numbers hold, the actual net gain of paid policies among Americans who lacked medical insurance in the pre-Obamacare days would be just 858,298.
That’s it? I thought Obamacare was supposed to cover 30 million people who didn’t have health insurance before? Now it looks like they haven’t even reached one million.