Obamacare Misses the Mark

The headlines at the end of 2013 were full of words like, failed, not ready, glitches, crash, in reference to the roll-out of the Affordable Care Act website, healthcare.gov.  There were also lots of criticisms of Obama’s failure to live up to his promises from when he first presented his healthcare plan.  He said that you would be able to keep your doctors; he said you would be able to keep your health plan if you liked it; and he said that most people would save money on their healthcare premiums with his plan. These are just a few of the promises President Obama  made that did not pan out.  There is a trail of broken promises from the time he announced his plan until the failed launch in fall/winter of 2013.

At least President Obama is consistent, because the latest information on the Affordable Care Act is that only half of the number of people predicted by health officials will be signed up for Obamacare in 2017.

In a USA Today article, Jayne O’Donnell writes:

Federal health officials expect the number of people insured on the state and federal exchanges by the end of 2016 to be about half the number estimated earlier by the Congressional Budget Office.

The total number of people who bought plans and paid premiums is expected to be about 10 million by the end of next year, up only about 1 million from this year. That’s far lower than Congressional Budget Office estimates that topped 20 million. HHS has found that far fewer companies are planning to drop coverage than originally expected, and that fewer employees are planning to shift to buy insurance on the exchanges.

“We haven’t seen much of a shift at all,” said Richard Frank, HHS’ assistant secretary for planning and evaluation.

Some say the relatively small increase has more to do with the price of the plans.

“This is totally unsurprising and driven by the high cost of Obamacare’s exchange-based plans,” said Avik Roy, a senior fellow with the free-market Manhattan Institute.

As for the lower-than-expected estimate for 2016, instead of reaching a plateau, HHS is “seeing a much longer path” to getting people insured, said Frank.

Once again, Obamacare is not delivering.  Even after the first year of getting a tax penalty for not signing up has passed, people are not lining up to get insurance through the government website.

President Obama will be remembered for creating the debacle that is the Affordable Care Act, and more ammunition is provided with each passing day.