http://finance.yahoo.com/news/one-chart ... 18815.htmlQuote:
Overall, the survey mirrors other studies conducted in the final stages of Obamacare's first open enrollment period. A RAND Corp. survey released early last month found the uninsured rate dropped almost 5 percentage points. Subsequent figures from the Congressional Budget Office showed a drop to 16%. The CBO said it expects the uninsured rate to fall even farther in the coming years.
So according to the last numbers there were 45,000,000 (Million) uninsured people prior to Obamacare.
According to the CBO the cost of Obamacare is projected to be $1,000,000,000,000 (Trillion) over the next 10 years. If we assume that is a flat cost structure of $100,000,000,000 (Billion) per year we can do some fun math.
http://obamacarefacts.com/costof-obamacare.phpAssuming the 5% reduction in uninsured is true (seems high to me) we can take 45,000,000 *.05 to determine that 2,250,000 (Million) people got insurance that didn't have it before! Yay! (I know you can debate that the number is lower but let's take the administrations BEST CASE numbers here for the sake of argument)
Now we can take the cost $100,000,000,000 (Billion) and divide it by the newly insured 2,250,000 and determine that we spent $44,444.44 per enrollee
for one year for health insurance. Government efficiency in full effect.
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Quote:
In comic strips the person on the left always speaks first. - George Carlin