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12 Days of Obamacare Surprises: Uninsured Americans
Posted By Donald Schneider On December 18, 2012 @ 4:12 pm In Obamacare | Comments Disabled
Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 8 days, Heritage is going to highlight one of the various changes in Obamacare projections (e.g., cost, enrollment, etc.) from when the law first passed until now.
One of Obamacare’s primary goals was to dramatically reduce the number of uninsured. To achieve this, Obamacare depends on a Medicaid expansion, new government subsidies funneled through exchanges, and an individual mandate to get people covered.
In 2010 , the Congressional Budget Office (CBO) projected that Obamacare would insure 32 million non-elderly people by 2019, leaving 23 million non-elderly Americans uninsured.
In 2012 , the CBO updated its projection to show that Obamacare would provide coverage for 36 million people through Medicaid and subsidized coverage in the government-run exchanges, leaving 30 million Americans uninsured in 2022.
Surprise: That’s a projected increase of 7 million additional Americans who will remain uninsured despite Obamacare’s costly efforts  to expand coverage.
“7 swans-a-swimming?” 7 million more-a-sinking is more like it.
12 Days of Obamacare Surprises:
4. Increased exchange subsidies …
3. Big tax increases …
2. The small business tax credit …
1. And the individual mandate .
Donald Schneider is currently a member of the Young Leaders Program at The Heritage Foundation. For more information on interning at Heritage, please visit: http://www.heritage.org/about/departments/ylp.cfm .
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2012/12/18/12-days-of-obamacare-surprises-uninsured-americans/
URLs in this post:
 2010: http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/113xx/doc11379/amendreconprop.pdf
 2012: http://www.cbo.gov/sites/default/files/cbofiles/attachments/43472-07-24-2012-CoverageEstimates.pdf
 costly efforts: http://blog.heritage.org../../../../../2012/09/25/obamacare-spends-more-than-a-trillion-in-taxpayer-dollars-and-still-leaves-30-million-people-uninsured/
 exchange subsidies: http://blog.heritage.org../../../../../2012/12/17/12-days-of-obamacare-surprises-exchange-subsidies/
 tax increases: http://blog.heritage.org../../../../../2012/12/16/12-days-of-obamacare-surprises-taxes/
 small business tax credit: http://blog.heritage.org../../../../../2012/12/15/12-days-of-obamacare-surprises-small-business-tax-credit/
 individual mandate: http://blog.heritage.org../../../../../2012/12/14/12-days-of-obamacare-surprises-the-individual-mandate/
 http://www.heritage.org/about/departments/ylp.cfm: http://www.heritage.org/about/departments/ylp.cfm
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