In 2009, 14,000 Americans were losing their health insurance every day --- Hey GOP, where were you?
"14,000 Americans . . . lose their health insurance every single day."
Barack Obama on Wednesday, July 22nd, 2009 in a news conference.
Holahan and his co-author, using a baseline of 4.6 percent unemployment in 2007, calculated that 2.6 million people would lose coverage if the unemployment rate climbed to 7 percent; 3.7 million if it went to to 8 percent; 4.8 million at 9 percent; and 5.8 million at 10 percent. The estimates took into account people who lost their jobs but then switched to a spouses plan or extended their coverage through COBRA, the federal law that guarantees people who lose their job can still get continued health coverage.
Applying Holahan's calculations to the actual rise in unemployment from November 2008 to June 2009, we came up with
3.2 million people losing health coverage, or an average of 15,238 per day, so it is close to the 14,000 Obama cited.
We asked other health care experts about Holahans work, and they uniformly agreed that he is a respected researcher. Only one complicating factor emerged, when we spoke with Edmund F. Haislmaier of the Heritage Foundation, a conservative think tank. He noted that Holahans paper was written before passage of the federal stimulus package, which contains provisions subsidizing 65 percent of COBRA costs for the unemployed. If these new subsidies end up boosting the use of COBRA the data hasn't been compiled yet then it could reduce the number of newly uninsured Americans from the levels that Holahan had predicted and that Obama cited.
Obama was very close to Holohan's calculations in fact he was slightly low. But as Haislmaier pointed out, the stimulus COBRA provisions could reduce the numbers because more people will still be covered. We can't be sure until the data is in. So in the meantime, we find Obamas claim Mostly True.
http://www.politifact.com/truth-o-meter/statements/2009/jul/24/barack-obama/obama-claims-14000-lose-health-insurance-every-day/
http://www.washingtonpost.com/blogs/plum-line/wp/2013/11/06/cuccinellis-stance-on-obamacare-was-a-liability-mcauliffe-pollster-says/?commentID=washingtonpost.com/ECHO/item/1383763397-98-807