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Obama administration claims less than 500,000 people have yet to replace canceled individual policies

According to this article by AP, the Obama Administration is insisting that less than half a million people whose health insurance was canceled because of Obamacare have not found other health insurance coverage.

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If 500,000 formerly insured people are now uninsured because of Obamacare, that is bad enough.

But it may be worse — possibly much worse — than that.

An estimated 4 to 5 million Americans have received cancellation notices, whereas it appears that fewer than a million have  signed up for Obamacare so far — and many of those freshly-minted “enrollees” have not paid premiums or been officially confirmed by an insurer. Some of those who received cancellation letters were able to stay in their current plan for another year, and many have chosen to do so. But whether that brings the number of new uninsured all the way down to 500,000 remains very unclear.

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Related:

New Numbers: 4.2M Americans Dropped From Health Plans

The Obamacare Exchange Scorecard: Around 100,000 Enrollees And Five Million Cancellations

Many who enrolled in health plans still await confirmation

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