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Nov 22

Obamacare’s supporters drastically overestimated the number, finances, and health of new enrollees

illness

Every government program that subsidizes heath care makes health care more expensive. Government supports subsidize demand without increasing supply, causing prices to rise.

New research by the Mercatus Center (see here) shows that Obamacare’s enrollment figures fell far short of projections. By MILLIONS.

Also, enrollment of “all but the near-poor is far below projections.” The uninsured middle class are “largely shunning” the new programs.

Additionally, “the pool of enrollees is sicker and more costly than projected.”

Insurers are losing billions annually (despite being subsidized by the government on a massive scale), increasing premiums, raising deductibles, and narrowing provider networks.

See here. Stay tuned!