On Thursday afternoon the Obama Administration made another attempt to persuade the public that the number of people who are losing their health insurance in the individual market really isn’t that bad. Since President Obama has said that such people can keep their insurance for another year, it’s not clear why the administration bothered. The best guess at this point is they are in Throw-As-Much-Propaganda-Out-There-And-See-What-Sticks mode.
Anyway, the Department of Health and Human Services touted a study by the liberal health-care group FamiliesUSA that purported to show that “less than 1 percent of nation’s non-elderly are at risk of losing their current individual market plan and paying more for insurance” on the Obamacare exchanges.
To get that one percent number FamiliesUSA assumed that everyone below 400 percent of the federal poverty level (FPL) is eligible for a subsidy to help purchase insurance on the exchanges. As the study claims: