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Obamacare may not have enough enrollees to stay solvent
Washington Times ^ | November 11, 2014 | Tom Howell, JR.

Posted on 11/11/2014 7:53:25 AM PST by Din Maker

The administration on Monday said fewer than 10 million Americans will enroll in Obamacare’s health exchanges this go-around, well short of the 13 million target congressional scorekeepers deemed critical to its economics, suggesting another rocky rollout in the law’s second year of full operation.

Policy advisers at the Health & Human Services Department estimated that 9 million to 9.9 million people would enroll through the exchanges — or only a slight increase over the 8 million that the administration says were active at the end of the first enrollment period this April. The Congressional Budget Office, which is the government’s official scorekeeper, had predicted the law would need 13 million customers on the exchanges.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Culture/Society
KEYWORDS: 0carenightmare; 0obamacarebankrupt; abolishobamacare; medicaid; obamacare; obamacareenrollment; obamacareinsolvent; repealobamacare; singlepayer
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Fewer than 10 million projected; 13 million needed to stay solvent.

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Well then, let it die. That's good news, IMO.

1 posted on 11/11/2014 7:53:25 AM PST by Din Maker
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To: Din Maker

and remember .. 5 MILLION lost coverage because of this, so all of this is about giving insurance to the other 4-5 million !


2 posted on 11/11/2014 7:55:09 AM PST by TexasFreeper2009 (Obama lied .. the economy died.)
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To: Din Maker

Obamacare is going bankrupt.

But liberals blame mean Republicans for trying to sabotage it.

Go figure.


3 posted on 11/11/2014 7:55:21 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Din Maker
Why the hell are supposedly Conservative mouthpieces like Fox News and The Blaze focusing so much attention on the "enrollment period" for ObamaDon'tCare?

Let the damn thing wither on the vine.

4 posted on 11/11/2014 7:55:30 AM PST by Texas Eagle
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To: Din Maker

That didn’t make any difference to the Postal Service...................


5 posted on 11/11/2014 7:56:23 AM PST by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: TexasFreeper2009

I assert that those hurt by Obamacare
were exactly the people they INTENDED to hurt with Obamacare.


6 posted on 11/11/2014 7:57:28 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Din Maker

“stay solvent”?!?


7 posted on 11/11/2014 7:57:32 AM PST by moehoward
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To: Din Maker

It was not Obama and the Democrats’ intention to have ObamaCare be financially solvent. Their plan was insolvency all along; they were/are just trying to maintain the illusion of solvency through various election cycles. I’m guessing the administration will bust a gut trying to hold it together until after 2016 elections.

Here’s my prediction -—— there will be no IRS hounding of those who do not have coverage this year, maybe next. There won’t be any government prosecutions of taxpayers who don’t/can’t pay a fine, they won’t even check income against subsidies paid. All this won’t come due until January 2017.


8 posted on 11/11/2014 7:58:12 AM PST by Gaffer
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To: Din Maker

Solution: Give hundreds of millions more tax dollars to left-wing organizations that will pretend to get more people to sign up for Obamacare, and when that doesn’t work, just start forcing people to sign up.


9 posted on 11/11/2014 7:58:43 AM PST by caligatrux (Rage, rage against the dying of the light.)
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To: Din Maker

Given they way this administration uses numbers you can bet it will take a whole lot more than 13 million premium paying enrollees to make the plan “solvent” and there are a whole lot Less than 8 million who ever signed up and paid premiums.


10 posted on 11/11/2014 8:00:00 AM PST by circlecity
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To: moehoward

Right! When was it ever solvent in the first place? There was never even a dream of it ever becoming solvent.


11 posted on 11/11/2014 8:00:11 AM PST by uncitizen
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To: Red Badger

Or Amtrack


12 posted on 11/11/2014 8:00:25 AM PST by rainee (Her)
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To: Din Maker

Just like Social Security needs more money to stay “solvent”

Solution: TAX THE PEASENTS EVEN MORE!


13 posted on 11/11/2014 8:00:51 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Din Maker

Simple solution. Take monies out of the defense budget to use for 6 months free trial of o’care. He gets the numbers and the monies.


14 posted on 11/11/2014 8:01:04 AM PST by bgill (CDC site, "we still do not know exactly how people are infected with Ebola")
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To: Din Maker

Setup roadblocks to make people signup.


15 posted on 11/11/2014 8:01:13 AM PST by Paladin2
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To: Din Maker

And we are to believe that Obamacare was ever going to be solvent; with all the taxes and subsidies, what is the definition of “solvent?”

Obamacare was never about health care. It was and is about power and control. Make tens of millions of voters dependent on the government and let them know that they must support the Regime or else.


16 posted on 11/11/2014 8:01:25 AM PST by Truth29
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To: Din Maker
They'll just cook the books.

It amazes me people still fall for this sh!t.

17 posted on 11/11/2014 8:01:48 AM PST by Pietro
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To: Din Maker

I feel a song coming on...”Let it Go....Let it Go....”


18 posted on 11/11/2014 8:01:59 AM PST by dfwgator (The "Fire Muschamp" tagline is back!)
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To: Din Maker
Has the gubmint pulled out all the stops yet? I don't think so.

Part of the deceptive law's workings is to throw people off their health insurance so they'll welcome the opportunity to buy even more expensive insurance.

As Chef Emeril Lagasse would say, "Let's kick it up a notch!"

What a nice mechanism to run people through a meat grinder just so they'll be desperate for coverage, even if it's at a higher price--NOT!   Thereby, of course, more revenue comes to the program, even with a constant number of people enrolled.

Repeal!   Then override Zero's veto!   (If he hasn't been impeached and removed by then.)

HF

19 posted on 11/11/2014 8:03:30 AM PST by holden
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To: goldstategop
Obamacare is going bankrupt.

Government seems to bankrupt everything it touches, it is the secret sauce that allows them to grow bigger (and raise taxes).

In the private sector, bankruptcy is failure. In the public sector, bankruptcy is success.

20 posted on 11/11/2014 8:04:15 AM PST by oldbrowser (We have a rogue government in Washington)
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