So the state announced yesterday that 250,000 Coloradans will have their plans cancelled.
There are 5,180,000 people in Colorado (2012). Source US Census.
60% of Coloradans are in the private or employer market (the market that is getting cancelled). 14% have no insurance and the rest are on govt plans. Source Urban Inst. Kaiser and US Census.
60% of 5,180,000 is 3,108,000 - this is the number of Coloradan private and employer markets. Source, techniques shared with me in 4th grade.
250,000/3,108,000 = 0.08 or 8% of CO plans that could get cancelled are getting cancelled. That is 1 in 1/12 people privately insured. This is 5% of the total population. Source, techniques shared with me in 4th grade.
Facts above, Opinions below
5% could be a lot or you may consider it a little. I think in the grand scheme of things, even though I started this thread to show 250k cancelled is a lot, this is not much. 5% is the number of 20 somethings we lock up in this country, so obviously if we are not concerned about locking up 5% of the people per generation (that are obviously not criminals), we would not be concerned about making them this many find a new product to buy. 5% is the amount of doubt we can have at a murder trial and still fry the guy. We consider 5% pretty much zero in society. Places have sales taxes of 5% but then still sticker the pretax price because 5% is so insignificant.
I don't want to loose my plan or for others to have this happen, but it looks like Colorado is in pretty good shape, people in CO for the most part are keeping their plans.
But the promise was for everyone, but they are very close to telling the truth and for most of society and how we run it, 5% close is good enough, for the death penalty, for the amount of criminals we have a a free society, certainly it can be for health insurance right?
