The Corner

So What Was The Point of Obamacare Again?

As Rich noted the other day, the Wall Street Journal reported over the weekend that the uninsured haven’t been rushing to sign up for insurance under Obamacare. From the WSJ:

Early signals suggest the majority of the 2.2 million people who sought to enroll in private insurance through new marketplaces through Dec. 28 were previously covered elsewhere, raising questions about how swiftly this part of the health overhaul will be able to make a significant dent in the number of uninsured.

Insurers, brokers and consultants estimate at least two-thirds of those consumers previously bought their own coverage or were enrolled in employer-backed plans.

Note, this is after decades of liberals insisting that the uninsured were desperate to get insurance and years of Obama officials and defenders swearing that this law would make it happen. Indeed, in order to make it happen the Democrats blew up the entire health-care industry casting millions of people off their existing insurance plans. When those people went to exchanges to sign up for new ones, the Obama administration took credit for it, as if they were doing something for the uninsured. But barely 1 in 10 of new Obamacare enrollees were previously uninsured. 

Look at this chart from Gallup:

I joked on Twitter this morning, ”They said if I voted for Mitt Romney, the ranks of the uninsured would continue to swell. And they were right!” (Every time I make that joke, I send Glenn Reynolds a quarter). 

The response from some liberals in my feed boiled down to “He inherited a financial crisis!”

And that’s absolutely true. But that was a long time ago and this administration long ago declared we were in a recovery. Oh and he also blew up the entire health-insurance industry in response, insisting that it was absolutely necessary not only to fix the bad economy (which was always a stretch) but to deal with the ongoing crisis of the uninsured. It turns out it did neither. It created more uninsured people than it gave insurance to. And it promises to create even more.

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