From forbes article on CBO number of uninsured
forbes - how obamacare saves 30 million from being uninsured
We do have at least two projections of the number of uninsured under the implementation of ObamaCare. They basically agree. The more widely publicized is the CBOs projection of 26 million uninsured in Obamas last year in office. A more recent independent study estimates 30 million uninsured at the end of Obamas second term, and finds, remarkably, that the uninsured will have the same features (poor, Hispanic, young) as before ObamaCare. And I thought the primary goal of ObamaCare was to insure everyone, not to leave close to 30 million uninsured behind!
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To calculate virtual insurance, the CBO (Table 3) estimates the number of uninsured with and without ObamaCare through 2022. They conclude that the same number (56 million) would be uninsured in 2016 as before ObamaCare. (I wonder why the CBO does not use Obamas 41 million uninsured figure which includes unauthorized aliens as its starting point?)
Obama has decreased the number of uninsured from 30 million to 41 million! That's 8%, which represents 3.8 million previously uninsured! You should be happy and worship at his feet, when he does that to your taxes, to help sustain the economy and provide for those, due to circumstances, that do not provide for themselves! /sarc
In fiscal 2013, the year before the health insurance exchanges opened, the federal government spent $265 billion on Medicaid, according to CBO. This year, fiscal 2014, the first year that the exchanges will be in operation, the federal government will spend $305 billion on Medicaid. By 2023, the tenth year that the Obamacare exchanges will be in operation, Medicaid will cost the federal government $539 billionmore than double the $265 billion it cost in 2013.
By 2024, the last year in the CBO estimates, Medicaid spending will climb to $570 billion.