Wednesday, April 9, 2014

A Lot More

TPM has a report that says a lot more people have gotten health insurance than previously thought.

A study released Tuesday blows the door wide open in the never-ending parlor game to estimate how many uninsured Americans have gotten health coverage under Obamacare, suggesting that the number might be bigger than previously thought.

But at this point, nobody is quite sure what to make of it.

RAND Corp, a non-profit think tank, released the survey. Its eye-opening finding: 7.2 million previously uninsured people have gained health coverage through their employer since mid-September. That’s on top of those people who have purchased private coverage on Obamacare’s insurance marketplaces or enrolled in Medicaid or young adults who signed up through their parents’ plan.

Those three groups were the only people that many previous estimates of Obamacare’s impact had accounted for.

In other words, if you take the earlier estimates of 8.3 million to 9.5 million uninsured people who had gotten covered by marketplace plans, Medicaid and their parents’ policies — and then add some of the millions more who RAND found had gotten insured through their employer — then Obamacare could be responsible for reducing America’s uninsured ranks much more than the earlier estimates suggested.

But I thought Obamacare was in a death spiral and that nobody wanted it.