1/24/2014

More evidence that Obamacare won't reduce the number of uninsured

"Robert Wood Johnson Foundation finds less than 40 percent of uninsured adults will obtain coverage in 2014."  

Saying only 39 percent of those who are uninsured will get insurance isn't very good news, but the numbers are even much worse than that.  This number is extremely misleading in that there is a large flow in and out of uninsured each year.  The government's survey of uninsured is just for people at one point of the year (March).  Many of these people are uninsured while they are switching jobs.  The bottom line is that the 40 percent number is pretty meaningless as a measure of how things are improving unless you take into account the normal turnover and that turnover is around 40 percent.

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