5 Stunning Obamacare Failures

Comment: 1) Enrollment is about half, 2) program costs are over 50% more than ‘expected’, 3) the risk corridors are collapsing, 4) 7.5 million people prefer the penalty(!) to over-priced Obamacarp, and 5) millions of people are still uninsured.

“The CBO estimates that approximately $56 billion will be spent in 2016 on Obamacare subsidies. That translates to roughly $4,308 in subsidies per enrollee (counting all projected enrollees). While that figure might not seem too high at first glance, consider what the CBO has projected in the past.”

“Back in 2010, it estimated that the cost for Obamacare subsidies in 2016 would be $59 billion. Remember, though, that the agency also projected the number of enrollees would be 21 million. The CBO, therefore, expected an average of $2,810 in subsidies per enrollee.

5 Obamacare Stats That Will Blow You Away
Keith Speights, Feb 29, 2016 at 10:02AM

This entry was posted in Designed to Fail and tagged , , , , , . Bookmark the permalink.

Comments are closed.