Saturday, July 5, 2014

The Six Month Review of Obamacare

++Joan McCarter at the Dailykos reviews Obamacare's six months in. She refers to the New England Journal of Medicine saying that 20 million Americans enrolled in health insurance because of the law. The Journal anticipates that insurance premiums will increase 1-2 percent in 2015 since the demographics of the exchanges were favorable.

++7.8 million young adults were covered by their parents insurance. 
++5 million signed up outside of the exchanges since the ACA changed the conditions for getting insurance, namely no pre-existing conditions. 
++6 million has gained health insurance through Medicaid/CHIP expansion. 

++I anticipate that the total number of much, much higher because the Journal's piece did not add those in the exchanges.

++The Journal said their findings were preliminary but that the law has performed better than thought.

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