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The federal government has released a breakdown of Obamacare enrollment, including age. What you make of that information depends a lot on your expectations.

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Here are two facts that have gotten very little attention amid all the controversy about insurance plan cancellations and “rate shock.”Fact one: Thanks to Obamacare’ subsidies, several million people now have the opportunity to get private insurance at essentially no cost.Fact two: Those ultra-cheap policies are pretty threadbare. They might keep people out of bankruptcy, but they still would leave beneficiaries exposed to thousands of dollars in out-of-pocket expenses a year.

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