Posted on 11/03/2013 5:45:31 AM PST by Oldeconomybuyer
Minnesota reports 25,864 individuals and 831 employers created accounts as of Oct. 30, during what’s referred to as the “window shopping” phase.
As of Oct. 16, MNsure reports 3,769 people checked out and paid for new policies, which go into effect Jan. 1, 2014.
That includes 2,496 people who got Medicaid coverage, 867 working poor who got MNCare and 406 individuals who bought private insurance.
(Excerpt) Read more at minnesota.cbslocal.com ...
Of course we can count on these numbers being accurate, just like the poll numbers from the last election and the unemployment numbers. /S
:: That includes 2,496 people who got Medicaid coverage, 867 working poor who got MNCare and 406 individuals who bought private insurance. ::
I believe those 867 “working poor” sign-ups were found over the weekend in the trunk of Trumka’s CrownVic.
I’m wondering how many of those 3800 (remember the 4400 on TV?) paid for it because the website said they’d get a whopping subsidy?
——That includes 2,496 people who got Medicaid coverage, 867 working poor who got MNCare and 406 individuals who bought private insurance.——
here’s the arithmetetic conclusion....
2,496+867= 3,363 / 406 = 8.28
Each of the private insurance buyers is paying for 8.28 others.
Can you say “Adverse Selection” boys and girls?
For Obamacare to work financially, these numbers would have to be reversed. If the majority of enrollees turn out to be the chronically sick and the poor who get free Medicaid or subsidies, the costs will rise astronomically.
That should keep us awake nights.
WOW, this is progress! 370,170,000 to go!
Holy crap and it's for only one state. Does it tell these suckers who are in and out of network?
I'm starting to wonder if Obamacare is just a distraction from what is really happening.
89% of the people are signing up for "free government insurance" and we are worried about the 11% who are signing up for crappy private insurance.
If there are truly 40 million uninsured people in the country and 89% of them sign up for free insurance, that's 35,600,000 more people on the dole for another federal program. How much is that going to cost? And where is the money coming from?
Q1: "not one dime"
Q2: Transferred (stolen) from Medicare
One of the major goals of Obamacare is being achieved - that of greatly expanding the Medicaid rolls. States who agreed to the Medicaid expansion are going to have huge holes blasted in their budgets after the federal subsidies expire (2015?). Taxpayers are going to take it on the chin when that time comes, but once instituted, these programs take on a life of their own that’s hard to kill off.
Those states who refused the Medicaid expansion (primarily red states, but a few purple ones) are going to be in much better shape fiscally and much cheaper states in which to work and live.
If I lived in one of the Medicaid expanding states, I’d be looking at the possibility of moving ASAP.
Stole and tweeted. (:
So he number is 867 with nobody that didn't get a subsidy enrolling in the exchange. Keep that up and failure is all but guaranteed,
I’ve been saying for a month that most Obama/Dem voters may well skate past any Obamacare pain via waivers, subsidies, and medicaid.
Only time will tell for sure.
I see it as a way to nationalize the insurance industry. We will all be getting "free" insurance and the government will own us.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.