Wednesday, January 15, 2014

And this is "success"?------HHS: 5.6M of 6M Who Signed Up on Exchanges Will Get Federal Funding

What would get the media to call it what it really is: a "failure of galactic proportions"?
Though "Obamacare" is the new Edsel".
HHS: 5.6M of 6M Who Signed Up on Exchanges Will Get Federal Funding | CNS News:
In their first three months of operation, the federal and state health-insurance marketplaces created under the Affordable Care Act—AKA Obamacare--have signed up 5,572,305 people who qualify to get federal funding for their health care, either through Medicaid or through an insurance premium subsidy, according to data released by the Department of Health and Human Service.
Those 5,572,305 are part of the “6 million Americans” HHS Secretary Kathleen Sebelius said today have used the exchanges to sign up for health insurance or Medicaid.
However, some of these people, as noted by CNNMoney, were already on Medicaid.
Today, HHS released a report on the number of people who from October through December signed up for health insurance plans through the marketplaces.
The report says that, as of the end of December, 2,153,421 individuals had signed up for private health care plans.
Of these, HHS had data on whether or not 2,082,840 had qualified for federal financial assistance in purchasing their plan.
Of those 2,082,840, some 1,646,237—or 79 percent--did qualify for federal assistance

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