Fewer Americans Lack Health Insurance, Thanks to Obamacare
One of Obamacare’s main goals was to reduce the number of Americans without health insurance. Proof continues to accumulate that it’s succeeding in that.
I’m seeing the above graph everywhere lately; this copy comes from Professor Krugman, who also takes pleasure in listing a number of GOP Obamacare gloom-and-doom predictions that have fallen flat.
Zero for Six
For reference: I count at least six distinct predictions of Obamacare doom made by the usual suspects, not one of which has come true. Here they are:
1. Enrollment will be very low, and
2. Even if people sign up, they won’t pay their premiums.
Reality: Signups exceeded expectations, and the vast majority paid.
3. More people will lose coverage cancelled by Obamacare than gain it.
Reality: Sharp drop in the number of uninsured.
4. Rate shock.
Reality: Like it says, affordable care.
5. Young people not signing up, and death spiral.
Reality: Pretty good demographics.
Reality: Health costs are below anyone’s expectations.
It’s quite an impressive track record, actually. And what’s even more impressive is that none of the usual suspects will even consider admitting having been wrong.
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