The number of Americans who buy their own insurance and stand to lose their existing policies likely will exceed the number of uninsured people who supposedly will gain coverage under the empty promises of ObamaCare, according to a new analysis.
The losers are the approximately 16 million people now receiving letters from their insurance carriers informing them that they must re-enroll or risk an interruption in coverage, says Robert Laszewski, president of Health Policy and Strategy Associates.
That's approximately the same number of uninsured people projected to enter ObamaCare in 2014. But given system glitches and public frustration, it's far from certain whether that number will be reached, The Heritage Foundation reminds.
Team Obama projects 500,000 sign-ups by Oct. 31. But there are no confirmed reports on the number of completed applications.
“The insurance industry is literally receiving a handful of new enrollments from the 36 Obama administration-run exchanges. ... And a good share of those enrollments are problematic,” Mr. Laszewski told The Washington Post.
So ObamaCare's target group — the uninsured — probably will come up short while about 16 million Americans who already have insurance must re-enroll, with no guarantee of receiving the same coverage.
In the mangled logic of ObamaCare, this is called “reform.”
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