Losing Insurance vs Gaining Insurance

CBS News has been busily gathering hard numbers on this—at least on the losing side, since President Barack Obama and his HHS Secretary are too terrified to release any gaining numbers.

CBS’ Jan Crawford said that CBS News has checked with actual insurance companies; she’s found that in four states alone, the numbers are huge—in just the first few weeks of the ObamaMart rollout:

California: 279,000 had their insurance policies cancelled out from under them

Michigan: 140,000

Florida: 300,000

New Jersey: 800,000

Adding in the cats and dogs, and 2 million Americans have had their insurance policies cancelled, and the number is rising[Period]

This compares, again with data gleaned from insurance companies, and unrefuted by the Obama administration, with 6 folks who signed up on the first day and some 250—total—who’d signed up through the third day after ObamaMart’s rollout.

CBS also takes care to note that this is driven by the Obamacare law, not by Evil Insurance:

Obamacare forces them to drop many of their plans that don’t meet the law’s 10 minimum standards, including maternity care, emergency visits, mental health treatment, and even pediatric dental care.

Because a man needs maternity care, and an empty-nest couple needs that pediatric dental care.


That means consumers have to sign on to new plans even if they don’t want or need the more generous coverage.  Industry experts say about half the people getting the letters will pay more—and half will pay less, thanks to taxpayer subsidies.

The subsidies also mean that those who are paying more are paying even more more in order to pay those subsidies.  Those subsidies, after all, are funded both by Obamacare taxes and by artificially inflated premiums against which those subsidies are balanced.  Yes, even those who get the subsidies “need” them because of those artificially inflated premiums.


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