This doesn't bode well for keeping insurance costs down under ObamaCare. It seems we are going to see massive increases in our personal costs and decreases to our services.
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The most recent report issued by the CBO in May appears pessimistic. Of the 55 million "Uninsured Nonelderly People" the report lists for 2013, only 11 million, or 20 percent, are projected to obtain insurance during 2014; the number of uninsured falls only to 44 million next year according to the CBO. This leaves a full 80 percent uninsured, significantly more than the 67 percent found by the survey.
In fact, the CBO projects that under Obamacare over the next decade, the number of uninsured will never fall below 30 million. Here are the year-by-year projections from the report:
2013 - 55,000,000
2014 - 44,000,000
2015 - 37,000,000
2016 - 31,000,000
2017 - 30,000,000
2018 - 30,000,000
2019 - 30,000,000
2020 - 30,000,000
2021 - 31,000,000
2022 - 31,000,000
2023 - 31,000,000
Despite Obamacareâs mix of requirements, mandates, subsidies, and penalties, the CBO projects that the law will never be able to decrease the number of uninsured below 11 percent of the population. During the decade projected by the CBO, the percentage of uninsured nonelderly persons decreases from 20 percent in 2013 to 11 percent by 2016, but then remains there for the rest of the ten year period.
http://www.weeklystandard.com/blogs...care-never-falls-below-30-million_733740.html
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The most recent report issued by the CBO in May appears pessimistic. Of the 55 million "Uninsured Nonelderly People" the report lists for 2013, only 11 million, or 20 percent, are projected to obtain insurance during 2014; the number of uninsured falls only to 44 million next year according to the CBO. This leaves a full 80 percent uninsured, significantly more than the 67 percent found by the survey.
In fact, the CBO projects that under Obamacare over the next decade, the number of uninsured will never fall below 30 million. Here are the year-by-year projections from the report:
2013 - 55,000,000
2014 - 44,000,000
2015 - 37,000,000
2016 - 31,000,000
2017 - 30,000,000
2018 - 30,000,000
2019 - 30,000,000
2020 - 30,000,000
2021 - 31,000,000
2022 - 31,000,000
2023 - 31,000,000
Despite Obamacareâs mix of requirements, mandates, subsidies, and penalties, the CBO projects that the law will never be able to decrease the number of uninsured below 11 percent of the population. During the decade projected by the CBO, the percentage of uninsured nonelderly persons decreases from 20 percent in 2013 to 11 percent by 2016, but then remains there for the rest of the ten year period.
http://www.weeklystandard.com/blogs...care-never-falls-below-30-million_733740.html
