My numbers don't work. Now I'm not sure how I got that number. Perhaps I should use paper and pencil when calculating Obama-sized costs.
I'm going to show my work like this is fourth grade, so if I blew it again someone can easily point it out.
Direct federal cost: 1 300 000 000 000
people covered: 12 000 000
(roughly double the cost once you include premium increases, but let's start with just the cost we'll pay as federal taxes).
Cost:
1 300 000 000 000
_______________
12 000 000
Start dropping zeroes from both to get reasonable sized numbers for numerator and denominator:
1 300 000 000 000 dollars to cover
_______________
12 000 000 people
1 300 000 000 dollars to cover
___________
12 000
1 300 000 dollars to cover
________
12 people
108 333 dollars to cover
______
1 person
With premium increases, maybe $200,000 per person. So that's expensive, but not nearly as expensive as I had first calculated.