Thursday, January 9, 2014

Obamacare Enrollment Figures are a DISASTER...

..and fall far short of the administration's own goal:
While the Obama administration is congratulating itself for signing up 2.1 million people in private plans on state and federal health care exchanges, some analysts say it's a little early to uncork the champagne. 
Robert Laszewski of Health Policy and Strategy Associates says, "ObamaCare has proven that it can enroll the sick people. To only have 2 million people enrolled out of 20 million uninsured, plus all the canceled policies, indicates you only got a very small group of people enrolled." 
That's not even enough, he and others argue, to make up for the policies that were canceled because they didn't meet the requirements of ObamaCare. 
Even the 2.1 million signed up through the end of December 2013 is far short of the administration's own goal of more than 3.3 million by the end of December – a number projected last September by the Center for Medicare and Medicaid Services or CMS. 
And that figure was just a stepping stone to the eventual goal of 7 million by the end of March. 
Health and Human Services Secretary Kathleen Sebelius told NBC in an interview last September, "Well, I think success looks like at least 7 million people having signed up by the end of March 2014."
Read the rest of the story HERE.

Now as far as those numbers who did enroll so far, Team Obama can't even give the breakdown:
The White House said Monday that it was still unable to provide the demographic data is describes as a "key element" to evaluating the overall success of ObamaCare. 
White House press secretary Jay Carney insisted on Monday that "at this point" the administration did not have information about the makeup of early enrollees in the president's signature legislative program.
Without enough of the young and healthy, this ObamaMESS can't pay for itself without THE REST OF US paying EVEN MORE to keep it afloat:
Healthcare experts have warned of a "death spiral" if not enough young, healthy adults buy into the ObamaCare marketplace to offset the cost of insuring older and sick Americans. A study report by the Kaiser Family Foundation showed that 4 of 10 enrollees would need to be between 18 and 34 years old to prevent a rise in premiums in subsequent years.
Read the rest of this story HERE.

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.


1 comment:

Anonymous said...

It's not a death spiral if the gov pays off the insurance companies. I don't know why we are not demanding that the House immediately vote to stop this from happening.

-Martha