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Tipsheet

Ouch: Fewer Americans Have Private Health Insurance Now Than Before Obamacare Reform

Guy wrote about the coming damage Obamacare will inflict upon us in 2017. In short, it’s a total disaster, with premiums set to spike to outrageous levels, 75 percent in Arizona alone. Another punch to the gut regarding this miserable failure of a health care law; there are fewer Americans with private insurance now than there were in 2007 (via Weekly Standard):

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That's according to the federal government's own figures. According to the Centers for Disease Control and Prevention (see table 1.2b), 66.8 percent of those living in the United States had private health insurance in 2007. Now, as of 2015 (the most recent year for which figures are available), only 65.6 percent of those living in the United States have private health insurance.

It turns out that median incomes aren't the only thing that have dropped since 2007.

There are currently about 320 million people living in America. If the percentage who have private health insurance were as high now as it was in 2007, 3.8 million more people would now have private health insurance.

This isn’t the only thing that off. The projections from the Congressional Budget Office regarding where enrollment should be with Obamacare missed its target…by 24 million. Hope and change, folks.

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