An examination of Obamacare data reveals the president’s signature law has mostly been an expansion of the failing Medicaid program. In fact, the coverage numbers are far worse than the Congressional Budget Office projected in the summer of 2012.
According to recent analysis by The Heritage Foundation, Obamacare’s Medicaid expansion is responsible for almost all of the law’s net increase in people with coverage.
Through the first nine months of 2014, the increase in individual market enrollment was 5.8 million people, which was largely offset by the 4.9 million people who lost workplace coverage. Over the same time, enrollment in Medicaid and the Children’s Health Insurance Program increased by 7.5 million people.
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