Friday, June 21, 2013

On Obamacare



We were repeatedly told that approximately 45 million Americans lacked access to health insurance.

We were then led to believe that given the choice (and a subsidy), these uninsured Americans would certainly choose to be covered by insurance. 

So my question is this: if, come January 1, 2014, an overwhelming majority hasn’t signed up for coverage – especially when coverage is federally mandated, can we conclude that we were misled?  I mean if folks were itching to get health insurance, surely the overwhelming majority of those uninsured will rush to sign up for health insurance, right?

I bet less than 50% sign up during the first 12 months.  Am I way off?

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