Posted by: New Class Traitor | November 13, 2010

Market for gov’t health insurance for the uninsured much smaller than thought

Classical Values has one post up I cannot resist quoting:

We Told You So

In today’s fierce moral urgency of change news, it turns out the market for government health insurance for the uninsured is about 50 times smaller than Obamacare proponents told us it would be. Of course, we opponents of Obamacare were arguing last year this problem was overblown, and it appears in retrospect even our most parsimonious estimates were vastly too generous:

Mr. Obama declared at the time that “uninsured Americans who’ve been locked out of the insurance market because of a pre-existing condition will now be able to enroll in a new national insurance pool where they’ll finally be able to purchase quality, affordable health care–some for the very first time in their lives.”So far that statement accurately describes a single person in North Dakota. Literally, one person has signed up out of 647,000 state residents. Four people have enrolled in West Virginia. Things are better in Minnesota, where Mr. Obama has rescued 15 out of 5.2 million, and also in Indiana–63 people there.

Combined federal-state enrollment is merely 8,011 nationwide as of November 1, according to HHS.

This isn’t what HHS promised in July, when it estimated it would be insuring 375,000 people by now, and as many as 400,000 more every year.

Megan McArdle notably aroused considerable fear and loathing when, immediately post-passage, she called, in her usual admirably empirical way, for Obamacare proponents to attempt to measure their claims for the program against the actual outcomes over the coming years, and made her own predictions. That sound of pounding feet you hear in the background is those people running as far as they can as fast they can from those arguments today.

UPDATE: To put this failure in perspective, consider the resources necessary for the federal government and the 27 states who offered their own policies to implement this measure. It’s very likely taxpayers have actually paid more for administration than enrollees have received in benefits.

Which is, of course, precisely the point: “they’re building empire”. And the only “fierce moral urgency of change” here was putting the Deemocrats [sic] back in power, and creating conditions under which so many people would be beholden to the state that a Deemocrat majority would be guaranteed for generations. “Some things, the more you understand them, the more you loathe them.” (Robert A. Heinlein)

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