Obamacare Results: Cancelled Plans Outnumber Enrollments

Remember when Obama promised that his healthcare plan would make sure every American had insurance coverage?

Well, the numbers are in, and so far, more Americans have lost their coverage than those who have enrolled in Obamacare.

At least 4.7 MILLION people have LOST their insurance coverage to date. As of yesterday, only 2 million customers signed up for Obamacare via the state and federal exchanges.

Why were all those plans cancelled? They didn’t meet the “higher standards of the Affordable Care Act.” Those standards include required coverage for 10 “essential benefits,” including maternity coverage for men and menopausal women and pediatric care coverage for those without children. The result was millions of cancelled plans and higher costs for those who were able to keep their coverage or purchase a new plan.

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