Obamacare Enrollment Still Well Below Target
The Administration released figures December 29 that total Obamacare enrollments are just shy of 2 million. That is still well below 60 percent of the administration’s original target because the Administration does not properly distinguish between “enrollments” and “sign ups.” To be enrolled means that the customer is already paying for Obamacare. Forbes notes:
The administration had hoped to enroll 3.3 million paying customers by the end of the year, which would bring them 47 percent of the way toward their goal of enrolling 7 million paying customers by March 31. Those 2 million “sign-ups” are not paying customers yet, though the administration would like to give the impression that they are “enrollees.”
They add that it’s highly unlikely the Administration will meet its target of 7 million paying customers by March 31:
Doing so would require them to enroll more than 5 million paying customers in the next three months, instead of just 3.7 million. Put differently, the pace of enrollments in the next three months would have to double the pace of the last three months.
Moreover, it remains unclear how many young, healthy people have enrolled in Obamacare. The Heritage Foundation explains without this group signing up, Obamacare will suffer an adverse selection death spiral, which means premiums will continue to skyrocket for most Americans.
But even if the Administration reaches its target of 7 million people, which some liberals hope will happen, all Americans will be harmed by this failed law. Congress must stop Obamacare entirely and replace it with a market-based, patient-centered, conservative alternative.