Breaking News Bar
posted: 4/14/2014 5:01 AM

A lot of spending with little gained

Success - Article sent! close

The president took a victory lap because his administration is now estimating that 7.1 million people have signed up for Obamacare and they have reached their goal. Maybe?

Of course, no insurance policy goes in force until the premium is paid, and the administration continues to say that they don't have any figures on how many people have actually paid their premiums. But just for fun let's say it really was 7.1 million. So out of the 47 million uninsured, they have signed up 7.1 million or roughly 15 percent for this mandatory health insurance program? Well, no, actually it is estimated that only about one-third of the people who signed up were in fact part of the 47 million who were uninsured, which would bring that figure down closer to 5 percent.

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Thus far the administration has spent $3.6 billion setting up a health care system that has provided insurance for 5 percent of the uninsured. Party!

Scott Schmidt

Arlington Heights

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.