Millennials, Hispanics, not Flocking to Obamacare

Awhile back I posted about the (surprising?) fact that both millennials and Hispanics voted for the GOP in 2012. Additionally, despite pajama-wearing icons, millennials have not been flocking to Obamacare—probably because being fleeced to support wealthier older citizens doesn’t seem like an attractive option.

It now turns out that the trend is continuing with Millennials and Obamacare enrollment—and it also is happening for Hispanics.

See this story at the Daily Caller: “ Fails To Grow Share Of Latinos, Young Adults In Second Year.”

Obamacare sign-ups may be growing, but the law hasn’t made any strides at attracting the biggest uninsured populations, according to data released Tuesday by the Department of Health and Human Services. 

During the health law’s first open enrollment period in 2014, the exchanges attracted just shy of the Congressional Budget Office’s original target of 7 million customers. This time around, the administration missed the CBO’s target again with 11.7 million sign-ups by Feb. 22, according to HHS.

That’s not final yet., which serves as the exchange for 37 states this year, is reopening for tax season, allowing those who say they didn’t realize they’d owe the federal government the individual mandate penalty. Most state-run exchanges have extended their enrollment period as well.

But so far, some of the poorest showings were from Latinos, who represent a large portion of the uninsured, and from young adults, whose relative healthiness is vital to the financial stability of Obamacare exchanges.

So the population which supposedly needs Obamacare the most is avoiding it? And the population that Obamacare needs the most is also avoiding it?

If Obamacare was such a great advantage then shouldn’t more people want to sign up as we become acquainted with all its benefits over time?

During this year’s enrollment period, 11 percent of sign-ups at identified as Latino — the exact same as in 2014. The share of African-American sign-ups actually fell to just 14 percent, down from 17 percent in 2014; whites still make up the majority of Obamacare customers at 65 percent, up slightly from 63 percent last year. HHS was sure to note that this year’s new sign-ups were barely more likely to be Latino compared to returning enrollees — 12 percent of new 2015 selections were by Latinos compared with 10 percent of active and automatic reenrollees.

Those numbers aren’t perfect — about a third of sign-ups elected not to submit their ethnicity. But it indicates that has now twice failed to fully reach a significant chunk of the uninsured population. Latinos accounted for 30 percent of the uninsured population the U.S. before Obamacare, according to the Kaiser Family Foundation.

For Obamacare to be financially viable (if anyone is even measuring whether it is or not anymore), it supposedly needs 37 percent of enrollees to be “young invincibles” between the ages of eighteen and thirty-four. Instead, that age range only makes up 28-percent.

If these numbers were associated with a Republican administration, the program would have been scrapped as a failure a long time ago. The media would crucify the administration for their incompetence.