Moreover, there's a lot of speculation that this rate is basically tied to the employment rate, which is a way of saying that it's not Obamacare's fault that the uninsurance rate soared under his time in office. But if that's the case, then it's ridiculous to let them claim credit for reducing this rate again, especially as there's no evidence that Obamacare mattered.
So how much has Obamacare actually helped? Team Obama has carefully avoided collecting any data on how many of the people buying insurance were previously uninsured, but private research suggests that only around 20% of those who bought policies were previously uninsured. If that's true, then we're looking at Obamacare adding 800,000 new people to the ranks of the insured... plus another 1.8 million if you count Medicaid.
Assuming these numbers are legitimate (and they aren't), that means Obama added 2.6 million people to the ranks of the insured. That works out to 0.8% of the public. Pathetic. Moreover, compared to the 11 million who slipped into the ranks of "uninsured" under Obama, that's not a great answer - and that doesn't even count all the job damage Obama has done. Our local liberal college, for example, just announced they are cutting back hours of part timers to avoid Obamacare.
What's more, these numbers are fake. The 9 million Medicaid number is all people who have signed up since the law went into effect. It does not in any way break out people who are new to the system. Attempts to figure out this number have found that less than 5% of these people are new. Suddenly, Obama's 0.8% falls to 0.5%.
The 800,000 number isn't what it seems either. Some part of those people lost their insurance because of Obama's economy in the past 5 years. If you exclude those people, then it's possible that none of the people who signed up were actually "uninsured" in 2008 or before.
So think about that. For something that has attracted far less than 0.5% of the public - when it was supposed to help 15%, the Democrats have jacked up the rates of 263 million people, driven doctors out of business, nearly broken hospitals, killed the job market at the low end, all but ended overtime and decent hours, and forced around 12 million off insurance... not to mention those who couldn't keep the insurance they liked or the doctor they liked. What a bargain.