More Encouraging Obamacare News
Posted at 6:38 a.m. on April 10, 2014
Jonathan Cohn finds more encouraging news from the recent Rand Corporation’s Obamacare study that estimates 9.3 million Americans now have health insurance.
“It was another finding in the study that caught my attention:
Less than one million [people] who previously had individual market insurance transitioned to being uninsured. While we cannot tell if these people lost their insurance due to cancellation or because they simply felt the cost was too high, the overall number represents less than one percent of people between the ages of 18 and 64.
“Republicans and their supporters frequently say that 5 million people “lost” health insurance, … Sometimes Republicans and their supporters imply that these people actually ended up uninsured. But if Rand is right—and, again, there’s no way to be sure right now—then it would appear most people who lost their old plans were able to get new ones instead. That’s consistent with anecdotal reports from insurers.”
“In short, not all the 4.8 million people who lost their old coverage are worse off. It’s not even clear that a majority of them are. That’s one more reason the case against Obamacare may be even weaker than you’ve heard.”