More Obamacare fuckups

[Atlanteax]

More good news on the health insurance front.

So the 6 million figure being tossed about everywhere is actually only 2 ... and is further reduced to like 1 - 1.5 million due to cancellations.

[cwolff]

So the 6 million figure being tossed about everywhere is actually only 2 ... and is further reduced to like 1 - 1.5 million due to cancellations.

Here's the 6 million figure again. And it's 6 million. It may be more than 6 actually. Not sure from where you confusion stems but if I had to guess I'd guess that you are mixing and matching different goals of the program to have something to troll about.

• At least 6 million people have signed up for health coverage on the new marketplaces, about one-third of whom were previously uninsured.

[Tgo01]

• At least 6 million people have signed up for health coverage on the new marketplaces, about one-third of whom were previously uninsured.

Sounds pretty clear to me.

[Atlanteax]

cwolff just cannot read, only sees what he/she wants to see

[Atlanteax]

http://fivethirtyeight.com/datalab/i...nks-obamacare/

Apparently our 1Q14 GDP figure may be overstated due to Obamacare, as...

Personal income rose 0.3 percent in February, the Bureau of Economic Analysis said Friday. Consumer spending rose 0.3 percent too (0.2 percent after adjusting for inflation). That’s fairly healthy growth, especially given a harsh winter that dinged other economic indicators.

But there may be a little less to the gains than meets the eye. President Obama’s signature health law, the Affordable Care Act, accounted for nearly a quarter of the increase in income and nearly two thirds of the increase in spending. (The BEA has a helpful FAQ about how the health law affects its numbers.)

Here’s what’s going on: The government’s definition of income includes not just salaries and other cash payments but also non-cash benefits such as employer-paid health insurance premiums and government programs such as Medicare and Medicaid. The health law has a particularly big impact on that last category because it made millions more people eligible for Medicaid. As a result, Medicaid payments increased $11.4 billion in February, representing 24 percent of the total increase in income. In January, Medicaid benefits represented an even bigger 47 percent of the increase in income.

The story is similar on the spending side. When people think about consumer spending, they tend to think about people buying groceries, shopping online or getting a haircut. But government economists use a broader definition that counts health care spending even when the patients themselves aren’t the ones writing the checks. Since the Affordable Care Act has extended health insurance to millions of people who didn’t have it before, health spending is likely to rise, at least in the short-term. (In the long-term, the law’s backers hope it will help bring down spending by making the medical system more efficient, but that effect, if it occurs, will be seen over years, not months.)

Government economists estimate the health law boosted medical spending by $13 billion in February, accounting for 64 percent of the total inflation-adjusted increase in consumer spending for the month. In January, consumer spending actually would have fallen if it weren’t for the boost from the Affordable Care Act.

FUZZY MATH !!!

(so if the 1Q14 ends up being barely positive, we will know that it actually shrunk, outside of the Obamacare 'activity')

[cwolff]

You two are assuming that the initial enrollment goals were only for people who were uninsured and that's not where that number comes from. You're combining two different goals into one. 1 goal = get uninsured people insured; another goal = 7 million enrollees.

[Back]

I'm seeing multiple sources report 9.5 million people are now insured through the ACA myself included. Thats a lot of people.

[NinjasLeadTheWay]

I'm seeing multiple sources report 9.5 million people are now insured through the ACA myself included. Thats a lot of people.

What's the percentage of those who actually just got pushed into medicare but are being counted? This thing is still an unmitigated disaster.

[Tgo01]

another goal = 7 million enrollees.

That is quite possibly the stupidest goal of any goal ever created in the history of mankind and the history of any intelligent or even semi intelligent life form in the entire universe. I'm not even resorting to hyperbole!

Seriously. "Hey let's pass a healthcare law to get these uninsured people insured!"

"Brilliant! But hey let's make a goal to just get ANYONE enrolled in healthcare under this new law, even people who already had health insurance or people who lost their insurance due to this law then were forced to use our website to get health insurance!"

"YES! YES! DO IT! DO IT!"

And the sheeple tout around this goal like good little lambs. Or sheep. Lamb sheep.

[Back]

What's the percentage of those who actually just got pushed into medicare but are being counted? This thing is still an unmitigated disaster.

If insuring 9.5 million Americans with affordable healthcare is a disaster to you what would a tremendous success be?