Here’s a Huge and Undercovered Obamacare Success Story

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I’ve mentioned this in passing a couple of times, but it really deserves a short post of its own. We’ve heard a lot about Obamacare not meeting the original enrollment projections published by the CBO in 2010, but those aren’t the only projections that CBO published. They also predicted that Obamacare would lead to the loss of 8 million people from private insurance coverage by 2016.

But that didn’t happen. Thanks to Obamacare’s individual mandate spurring the purchase of individual coverage and its employer mandate spurring an increase in employer coverage, total private coverage increased by more than 16 million through the middle of 2015. The chart on the right tells the story. After four years of private coverage hovering around 61 percent of the population, it jumped up to 66 percent within the space of a single year.

Was this due to the economic recovery? Probably a bit of it. But the economy has been puttering along at about the same pace ever since 2012. The only thing that changed in the fourth quarter of 2013 was the introduction of Obamacare.

Bottom line: Obamacare may have missed CBO’s target for exchange enrollment by 7 million or so, but much of this is because it beat CBO’s target for private insurance by 24 million. This is great news all around since we’d always prefer having people insured by their employer rather than buying through the exchange. It’s better coverage and it costs the taxpayers less. On any measure you can think of, this is a huge and undercovered success story.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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