<p>Ok…I can get the McKinsey numbers to almost fit the 1/3 off exchange sign ups. Close enough.</p>
<p>So here are the nunbers…If you dont like the numbers you can start below the dashed line or the double dashed line for the summary.</p>
<p>For Jan 10… 400,000 newly insured… 3,600,000 previously insured… 2.670,000 on exchange 1,330,000 off exchange…total 4,000,000.</p>
<p>feb 13, at. 1,520,000 newly insured… 4,080,000 previously insured…3,730,000 on exchange 1,870,000 off exchange…</p>
<p>Going forward…5,000,000 is the number of previously insured according to Mckinsey. McKinsey said previous insured was 72 percent in Jan which equals 3.6 million. 82 percent in Feb…rounded off 4,080,000 is 82 percent.</p>
<p>So that gets us 5,000,000. Not everyone of the 5,000,000 is going to sign up for various reasons… Let’s say 90 percent sign up…that is 4.5 million.</p>
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<p>So we take the on exchange sign ups plus add another 50 percent of that. Take that total and subtract 4.5 million…that is how many uninsured signed up…</p>
<h2>So, if 6,000,000 sign up on an exchange… 1/3 off exchange holds is another 3,000,000 making 9,000,000. Subtract 4.5 million… We have 4.5 million newly insured signing up…</h2>
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<p>So…
At 1/3 off exchange signups…
5.6 million sign ups on exchange… 2.8 million off exch…3.9 million newly insured sign ups…
5.8 million sign…2.9 million off exh…4.2 million newly insured sign ups…
6.2 million sign up…3.1 million off exc…4.8 million newly insured sign ups…</p>
<p>This doesnt subtract for those that dont pay…
If the off exchange ratio is higher and McKinsey is right about the 5,000,000…
The newly insured number can rise dramatically.</p>
<p>One example
On exchange and off exchange numbers are similar…
Let’s say… 6,000,000 sign up on exchange and 6 million sign up off exchange…
That is 12,000,000.
12,000,000- 4,500,000= 7,500,000 newly insured before payment.</p>
<p>This is why the off exchange numbers are extremely important. :)</p>