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View Diary: Obamacare attacks failing. Health Insurance Marketplace exceeding expectations (70 comments)

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  •  Look at the Gallup poll (3+ / 0-)
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    Smoh, Mokurai, kefauver

    showing that the number and percentage of people uninsured is also dropping noticeably.

    The speed with which people are signing up, and the fact that so many qualify for Medicaid, says to me that it's nowhere near 9/10 people substituting ACA coverage for other coverage. It's people like me for whom the private market was absolutely unaffordable, and suddenly have some decent options available, and grabbed one.

    BTW the penalty is higher than you think -- the $95 is the minimum, but it's I think 1% of your income. So if your income is above $10,000, the penalty will be more than $95. (And if you earn below $44,000, as most 20-somethings do, the subsidy will bring the cost of your insurance down quite low.) I was a tax preparer in RI/MA in the early years of Romneycare, and people were shocked at how much penalty they had to pay that first year. A lot of them rushed out to get insurance after that, because it was cheaper than the penalty.

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