Monday, June 8, 2015

The ObamaCare Exchanges!


 
The Original Plan

To insure 13 million of America’s long term uninsured nonelderly by 2015 and 24 million by 2017.

Source:  CBO’s May 2013 Estimate of the Effects of the ACA

Where We Stand Today

Fewer than 3 million of America’s long term uninsured nonelderly have purchased a qualified healthcare plan through the ObamaCare exchanges putting enrollment on a trajectory of fewer than 10 million likely to purchase a healthcare plan through the exchanges by 2017.  This would increase the administrations projection of the number of Americans who would remain uninsured from 30 million to more than 44 million by the end of the decade.


And Democrats call this success?


On a positive note, the Medicaid expansion has not presented itself as too much of a challenge for the Obama Administration.  In fact, giving away FREE Medicaid has gone so well that a growing number of states, where Medicaid expansion enrollment has exceeded projection, are finding themselves in a financial pinch.  These states will have to come up with some other means to cover the unexpected cost of the expansion, such as raising taxes or cutting spending on education and other services.

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