How Many People Really Have Bought Insurance in the Exchange?
My informal survey can’t be too precise, but I can say with pretty good confidence that based upon the drop-outs so far, about 20% of the 3.1 million people the administration has said have enrolled through January are not going to stick. That means the real number is closer to about 2.5 million.
Some of this attrition is due to people not paying their bill because they decided not to buy after all. Some to people signing-up twice and just paying once — Healthcare.gov can’t handle duplicate enrollments! Some of it may be due to people wanting coverage but they never got their invoice in all of the January administrative mess. Until the dust settles we really won’t know.
How many are newly insured verses re-enrolling?
In an earlier post I told you that published reports that put the number of reenrollments at about two-thirds of the ObamaCare exchange enrollments sounded about right given my own discussions with carriers. Two weeks later I haven’t heard anything to change that assessment.
“Is Obamacare unraveling?”
It would appear so
Creates an apt name for the death spiral as well
Well we all knew it was going to unravel
John Goodman has been talking about it for a while, most other hypotheses of his proved correct. It was only a matter of time before this one did.
“Obamacare has created a well-documented market that is heavy in mandated minimum benefits but also as a result impacted by big deductibles, narrower provider networks, and higher premiums.”
This makes for an extremely poor market and even poorer choices.
Yet Obama continues to push it
He pushes poor policy and lies.
“Is Obamacare, with its clearly liberal versus free market view of what an insurance market should look like, on its way to unraveling?”
I could have sworn this was already the belief
Not with most people
Hopefully at least the readers of this blog
You are both far too hopeful.
So many headaches
And its only going to get worse
If the healthcare bill was never presented I wonder what our country would be focused on?
Probably restoring the economy to a better spot than its in
Nice recovery of thought