There are around 300 million people living in America. This includes both Americans and non-Americans (foreigners). The Obama administration claims that 46 million people don’t have health insurance. Guess what this number includes? Give up? Awww you got it, non-Americans. When you subtract them out we approach a figure around 30 million or 10% of our citizen population without health insurance (during a horrible recession too). We are going to socialize the best healthcare system in the world for 10%? That means 90% will likely get worse coverage than they have now (remember there are no As or Fs in socialism). Can’t we figure something out that will just help the uninsured people and leave the rest of us alone?

Update – maybe some of the school kids he spoke to helped him with his math. Obama revised his estimates down to these more accurate numbers during his address to congress.

Update #2 – I just read some some figures from the US Census Bureau. Of those 30 million Americans without health insurance, 18 million make over $50,000 per year. They simply choose to not purchase it (I’ll agree that it’s expensive – how about some tort reform for savings?). What are we left with? Probably around 12 million people who really need some sort of help. They expect us to scrap the best health care system in the world so that we can help around 4% of our population. Surely we can find a way to help these people without wrecking what we already have. If we open the government coffers to the 18 million who chose not to purchase insurance how many more will also decide to not purchase it as well? You see where this is heading don’t you?

Update #3HERE is some further analysis into the Census Bureau’s “fuzzy math”.

This just in – the President just gave a speech where he said that 50% of us may lose our health insurance in the next 10 years. Most of us receive our coverage through our jobs. That’s quite an unemployment rate there Mr. President. Is this massive job loss just a wild guess on your part (dare I say scare tactic) or is it the result of carefully calculating the effects that your administration’s programs are going to have on our economy?

Maybe he should ask the kids for more help – Obama repeatedly claims that he can squeeze 4 trillion dollars for deficit reduction out of the health care industry by simply slowing cost increases just 1/10 of 1 percent. The entire health care industry is only a 2.3 trillion dollar industry.

“And as I have said over and over again, I will not sign a plan that adds one dime to our deficits – period. This plan will be paid for. The middle-class will realize greater security, not higher taxes. And if we can successfully slow the growth of health care costs by just one-tenth of one percent each year, it will actually reduce the deficit by $4 trillion over the long term.”

He did say over the long term. Depending on your economic model, it would take at least several hundred years to generate that kind of money. I see two choices here:

  • Obama is lying to us because he thinks we are really stupid
  • Obama is lying to us because he is really stupid

This just in (aren’t numbers fun?) – The Gallup organization just released the results of a recent poll on American’s satisfaction with their health care and insurance. I’m reassured that the Obama administration has it’s finger on the pulse of the America people and understands our needs and desires. Surely they would never try to force something on us that we don’t really want.

Americans are broadly satisfied with the quality of their own medical care and healthcare costs, but of the two, satisfaction with costs lags. Overall, 80% are satisfied with the quality of medical care available to them, including 39% who are very satisfied. Sixty-one percent are satisfied with the cost of their medical care, including 20% who are very satisfied.

There is a clear gulf in these perceptions between the health insurance haves and have-nots. According to a Sept. 11-13 USA Today/Gallup poll, the 85% of Americans with health insurance coverage are broadly satisfied with the quality of medical care they receive and with their healthcare costs. At 79%, satisfaction with costs among Medicare/Medicaid recipients is particularly high.

The 15% who are uninsured are far less satisfied with the quality of their medical care (50% are satisfied), and only 27% are satisfied with their healthcare costs. (Sixty-nine percent are dissatisfied with their costs.)

The full study results are HERE.

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