November 10, 2014

HHS Lowers ObamaCare Expectations

New enrollment estimates from the Department of Health and Human Services (HHS) illustrate the degree to which ObamaCare is underperforming. The Hill reports, “HHS, which previously declined to project 2015 sign-ups, said that between 9 million and 9.9 million people are expected to participate in the exchanges in 2015. The figure was less than the CBO’s [Congressional Budget Office’s] projection of 13 million for 2015 enrollment, raising questions about the exchanges’ performance, compared with expectations.” As it stands now, roughly 7.1 million Americans are considered officially enrolled, meaning HHS expects only between two and three million additional customers next year. The CBO anticipated a collective 25 million by 2017. Clearly, there’s work to do. Nevertheless, health officials touted HHS’s “important and significant” estimate and defended the slow start with the usual plea to give the system more time. Considering that insurance premiums are going up because of ObamaCare, more time won’t solve this problem. Bottom line: Consumers aren’t buying what the government is selling. More…

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