Obamacare Might Have Enrolled Only 2.3 Million; Spent $73 Billion to Save Less Than $6 Billion in Uncompensated Care

 

& who's surprised? :)

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According to the latest report from the U.S. Department of Health & Human Services (HHS), it looks like the number of people who bought subsidized private insurance on Obamacare’s exchanges is only 2.3 million: “Based on an estimated 10.3 million decrease in the total number of uninsured and an estimated 8 million increase in the number covered by Medicaid, ASPE estimates that hospital uncompensated care costs will be $5.7 billion lower in 2014 than they otherwise would have been.”

The difference between 10.3 million and 8 million is only 2.3 million, and that is quite a comedown from HHS’s May estimate that 8.1 million people “selected” private coverage in exchanges.

More @ The Independent Institute