Wednesday, April 2, 2014

Obama boasts 7.1 MILLION have signed up to Obamacare - but study shows just 858,000 newly insured Americans

Obama boasts 7.1 MILLION have signed up to Obamacare - but study shows just 858,000 newly insured Americans

A triumphant President Barack Obama declared Tuesday his signature medical insurance overhaul a success, saying it has made America’s health care system ‘a lot better’ in a Rose Garden press conference.

But buried in the 7.1 million enrollments he announced in a heavily staged appearance is a more unsettling reality.

Numbers from a RAND Corporation study that has been kept under wraps suggest that barely 858,000 previously uninsured Americans – nowhere near 7.1 million – have paid for new policies and joined the ranks of the insured by Monday night.

Others were already insured, including millions who lost coverage when their existing policies were suddenly cancelled because they didn’t meet Obamacare’s strict minimum requirements.