Monday, November 4, 2013

AP estimate: At least 3.5 million people have had their health insurance canceled « Hot Air

AP estimate: At least 3.5 million people have had their health insurance canceled « Hot Air: "Jon Gruber told New York magazine last week that, of the roughly six percent of the population that buys insurance on the individual market, half are at risk of being slapped with a cancellation notice by their insurer and forced to buy a new, more expensive plan. To Gruber, that’s an acceptable casualty rate: “Don’t get me wrong, that’s a shame, but no law in the history of America makes everyone better off.” It fell to Ryan Lizza, the author of the New York piece, to remind readers that three percent equals nine million people. To put that in perspective, the number of active duty servicemen and reserves across the entire U.S. armed forces is only 2.3 million. It’d be like hitting the entire population of New Jersey with a premium hike — or, if you prefer, the total population of the 10 least populous states. If your new boondoggle is predicated on the idea that you can’t make an omelette without breaking a few eggs, which number would you rather be pushing as “a few”? Three percent? Or nine million?"

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