Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Unmitigated Disaster (Easily Predicted)

Tuesday, January 26, 2016 13:19
% of readers think this story is Fact. Add your two cents.

(Before It's News)

As we noted last month, despite all the hoopla and glowing press, this year’s Open Enrollment season was shaping up to be a dismal failure:

About 6 million people have signed up for health coverage that will take effect on Jan. 1 in the states that use the [404Care].gov enrollment.”

That was the headcount in December, with the goal of hitting 21 million victims enrollees. I asked at the time “who really thinks they’re going to make up that 15 million person deficit in the next two months?

Fast forward to the the present, and what do we see?

CBO’s new projection of 13 million exchange enrollees in 2016 is nearly 40% below previous expectations.”

And then there’s this little ray of sunshine:

[T]he ACA’s Medicaid expansion is costing far more than projected because of higher enrollment and higher spending per enrollee.”

So let me get this straight: fewer healthy, paying customers are signing up for ObamaPlans, and more expensive freeloaders non-payers are signing up for Medicaid, and the leaders of states who took a pass on Medicaid Expansion are the morons?

Hunh.

Oh, and this just in from CMS:

Plan Year 2016 Open Enrollment closes on January 31

Any bets on 8 million  new paying customers signing up in the next 6 days?

Heh.

[Hat Tip: FoIB Bob G]

Original content copyright © InsureBlog


Source: http://insureblog.blogspot.com/2016/01/unmitigated-disaster-easily-predicted.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.