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November 12, 2010
Another Crisis That Wasn't
Topics: Political News and commentariesRemember Barack Obama's declaration tha "uninsured Americans who've been locked out of the insurance market because of a pre-existing condition will now be able to enroll in a new national insurance pool where they'll finally be able to purchase quality, affordable health care -- some for the very first time in their lives"? It was one of several conjured-up crises that the Dems used to hipe Obamacare.
And like the other Obama-claimed crises, it wasn't a crisis at all.
The numbers:
255 million: The number of Americans with existing health insurance coverage.
20 million: The number of Americans without any health coverage at all due to economic circumstances.
375,000: The number of Americans with pre-existing conditions HHS said would apply for coverage in the first year of ObamaCare, one of the main political arguments for its implementation.
8,011: The number that actually did.
Which is a success rate for this particular prediction of just under 2.2%. In other words, as Ed Morrissey notes, the Obama administration and its allies in the Nancy Pelosi Congress revamped one-sixth of the American economy, created new federal mandates, and created chaos in system that worked for the vast majority of Americans, just to deal with eight thousand people.
And as a commenter at Hot Air points out, it's a $5 billion government program to provide health insurance for 8,011 people, which is about $624,000 per person. It would have been cheaper for the taxpayers for them to simply pay the 8,011 insureds' medical bills if they got sick.
Posted by Richard at November 12, 2010 11:48 AM
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