There are an estimated 4.7 million people whose existing health insurance has been canceled by Obamacare’s individual mandate. There are an estimated 2.2 million people that have applied for Obamacare policies. This is a net loss in coverage of 2.5 million people so far. The reality is much worse, though, because there is good reason to believe that many of those 2.2 million applicants may never actually be issued policies.
As I have written before, I am one of those 4.7 million people whose existing health insurance was canceled by Obamacare. I didn’t have much choice but to apply for an Obamacare health insurance policy to replace my canceled policy. I started applying for an Obamacare policy on October 1st. I am now approaching 100 hours spent on this, and it is still unclear how much coverage I have.