Low Obamacare Enrollment More Proof of a ‘Disaster’ (When ObamaCare Meets 'berg, Epic Fail haPPens)

Yahoo! News ^ | Eric Pianin, Brianna Ehley - The Fiscal Times

[NormsRevenge]

Before Healthcare.gov’s troubled launch on Oct. 1, the White House estimated nearly 500,000 people would enroll in the Obamacare health exchanges within the first month and an estimated 7 million were expected to gain private coverage by the end of March, when the open-enrollment period is scheduled to end.

Now – even before the administration can deliver on its promise to release an official head count of how many people have enrolled for insurance coverage in the first full month of operations – insurance industry analysts on Monday released figures showing the government has signed up a mere fraction of Americans it had hoped to recruit in October.

Robert Laszewski, a consultant to many major insurance companies, said in an interview that about 50,000 people have signed up for coverage in the 36 states that have federally designed insurance markets – or about 10 percent of the overall goal for the first month. That figure closely matches the 40,000 to 50,000 enrollments reported by The Wall Street Journal on Monday afternoon. Laszewski based his estimate on the number of completed transactions between individuals and their families and insurance companies.

At the same time, Avalere Health, a health care consulting firm in Washington D.C., reported that 14 state exchanges have met just 3 percent of their enrollment goals for 2014. That means that 49,100 people have enrolled out of a targeted 1.4 million. This figure does not include data from California, Massachusetts and Oregon, which has not yet been released.

[tips up]

As Medicaid is partly funded by the states, the red states doing well financially - Alaska, ND, etc (oil money?) - can pay better than some of the blue states.

[Eye of Unk]

As I see it those that enroll are selling out patriotism.

Its a shame so many are stupid enough to embrace socialism.