HHS reported Wednesday that 1.2 million Americans have enrolled in ObamaCare since the exchanges opened on October 1st. The media is trumpeting this as a sign the website is improving and ObamaCare is making steady progress towards its goals. A deeper look at the numbers, however, reveals a more troubling trend. Of the total enrollees, over 800,000 have signed up for Medicaid. Just over 360,000 have enrolled in private insurance plans, just 30% of the total.
Medicaid was supposed to be a small part of ObamaCare’s drive to universal coverage. Expanding an already struggling and unsustainable entitlement program may end up being the law’s only “legacy.”
Earlier this year, HHS had estimated that 3.3 million people would enroll in private insurance by the end of this year. It also predicted that 7 million would sign-up by the end of the enrollment period in March 2014. It seems unlikely it will meet those goals. A further complication is the fact that up to 25% of the current enrollments have errors in their applications. Some number of the people being touted by the Administration as success stories will greet the new year without insurance coverage.
Considering the fact that over 5 million people are losing their insurance, if this enrollment trend continues, fewer people will have insurance next year than before ObamaCare took effect.
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