By Nick Sorrentino | Against Crony Capitalism | April 2, 2014
That’s fewer than 1 in 300 Americans.
But the president is touting 7 million signups. What gives?
It’s called spin, propaganda, BS.
Basically what happened is people got kicked off of their policies and then had to buy new policies which now must be sold through Obamacare exchanges. Very few new people were covered.
Another fail in a long list of Obamacare failures. Funny the White House released the numbers on April Fools Day.
(From The Daily Mail )
The unpublished RAND study – only the Los Angeles Times has seen it – found that just 23 per cent of new enrollees had no insurance before signing up.
And of those newly insured Americans, just 53 per cent have paid their first month’s premiums.
If those numbers hold, the actual net gain of paid policies among Americans who lacked medical insurance in the pre-Obamacare days would be just 858,298. … Full article.