The Washington Post is reporting an Obamacare “surge.”
After anemic enrollment in the federal health insurance marketplace, several states running their own online exchanges are reporting a rapid increase in the number of people signing up for coverage, a trend officials say is encouraging for President Obama’s health-care law.
By mid-November, the 14 state-based marketplaces reported data showing enrollment has nearly doubled from last month, jumping to about 150,000 from 79,000, according to state and federal statistics. The nonprofit Commonwealth Fund, which has been tracking the data, called the most recent numbers “a November enrollment surge.”
The latest figures from the state-run exchanges, combined with totals on the federal exchange, bring the national number to at least 176,000. While the pace of enrollments increased this month, sign-ups are still well below early projections.
Yes, they certainly are. In fact, the estimated national number of enrollments is still lower than the number of people who have signed up for a one-way space trip to Mars!
According to the New York Times,
Enrollment started slowly last month, with just over 106,000 people picking private plans through the federal and state insurance marketplaces. The administration has said it expects seven million people to sign up for such plans by the end of the six-month open enrollment period on March 31.
So the exchanges have been open for almost two months, and not even a quarter million people have enrolled! A quarter million enrollees every two months would mean that, by March 31, there would be only 750,000 people signed up for Obamacare. Even if there are several more surges like the one reported this month, we won’t see the Affordable Care Act get close to the Obama Administrations expectation.
So this story about a “surge” in enrollments in the Affordable Care Act is really much ado about nothing. It certainly doesn’t mean there is evidence that Obamacare can succeed in meeting its goals.