Photo Credit: Mike Licht, NotionsCapital.comThe White House PR machine keeps trying to put lipstick on the ObamaCare pig. According to Whitehouse.gov, “there’s some great news from a Department of Health and Human Services report… Thanks to Obamacare, half of young adults between age 18 and 34 who are single and uninsured can get health coverage for $50/month or less.”
There are two problems with the claim. First, the actual percentage, according to HHS figures, of 18-34 year olds who qualify for the $50/month rate is not “half” but 2.9%. The numbers are 1.3 million out of 44.2 million.
Secondly, the $50/month rate is not a market price but one that is subsidized by an expanded government entitlement.
The White House statement is not technically another ObamaCare lie, but it requires reading the fine print for interpretation. The full “caveated” statement in the report from the Office of The Assistant Secretary for Planning and Evaluation at HHS reads as follows:
Nearly 5 in 10 (46 percent, or 1.3 million) uninsured young adults in single-person households who may be eligible for the Health Insurance Marketplace may be able to purchase a bronze plan for $50 per month or less after tax credits, based on analysis of data in 34 states.
Read more from this story HERE.