The new health insurance law created a program with the HHS so that they could sell insurance to these poor wandering souls who are on the streets without insurance because of their existing medical conditions. The HHS said that it expected 375,000 people to sign up for insurance in 2010. This program runs until 2014 at a total cost of $5 Billion, yes BILLION dollars when the rest of the bill kicks in.
Only 8,011 people have signed up for insurance with this program. A success rate of 2.13%. A $5 Billion program designed to help millions of Americans who couldn't get insurance, which is what Obama and the Democrats cried from the rooftops before signing the law, has helped less than 10K people.
So, let's see. $5B over 4 years, so that's $1.25B for 2010. That works out to over $156,000 a person. Wow, that looks like a good use of our tax money. I'm sure glad ObamaCare was passed so that all these millions of American with pre-existing conditions who were denied coverage and dying in the streets could get help. Did I mention that this program runs at a loss of money?
:rolleyes:
http://hotair.com/archives/2010/11/12/hhs-falls-short-of-pre-existing-coverage-prediction-by-97-8/
http://online.wsj.com/article/SB10001424052748703805004575606891744060162.html
255 million: The number of Americans with existing health insurance coverage.
20 million: The number of Americans without any health coverage at all due to economic circumstances.
375,000: The number of Americans with pre-existing conditions HHS said would apply for coverage in the first year of ObamaCare, one of the main political arguments for its implementation.
8,011: The number that actually did.