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Did ObamaCare Add 20 Million To The Insurance Rolls? Not Even Close

Roughly 20 million Americans have been covered under the ACA’s coverage provisions between Medicaid, the Marketplace, and children staying on their parents plan since 2010. The recent announcement by Barack Obama as part of an effort to remind people that repealing the ACA means 20 million less Americans without coverage (i.e. one of the many reasons “why Hillary”).

Key Takeaways:

  • As soon as Donald Trump won the election, left-wing groups were busy predicting that, should he succeed in repealing ObamaCare as promised, anywhere from 20 million to 37 million would lose coverage.
  • An analysis by the Heritage Foundation shows that these claims are largely based on phony numbers coming out of the White House.
  • ObamaCare has caused massive disruptions of the individual market, forced millions to drop health plans they like, caused huge price spikes and mounting insurance losses, created monopoly markets around the country, and resulted in the virtual takeover of the individual market by HMO plans.

“As soon as Donald Trump won the election, left-wing groups were busy predicting that, should he succeed in repealing ObamaCare as promised, anywhere from 20 million to 37 million would lose coverage.”

http://www.investors.com/politics/editorials/did-obamacare-add-20-million-to-the-insurance-rolls-not-even-close/

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