Let's Get Real.
The Obama administration has downplayed this year’s Obamacare enrollment numbers. Last year, the administration launched their website to great fanfare only to be embarrassed by the low enrollment numbers and numerous technical glitches. The Congressional Business Office (CBO) has now reduced their 2015 enrollment projections from 13 million to between 9 and 9.9 million. The number of enrollees was also projected to reach 25 million by the year 2017, but the target year to reach that number will now be 2018 or 2019.
Part of the reason for the lower than expected enrollment numbers is that many of the remaining uninsured found the health insurance premiums under the Affordable Care Act to be anything but “affordable”. Citing premiums that are too high, the uninsured are opting to skip enrollment this year. The long-term uninsured are finding the enrollment process to be too hard to figure out. Slow Ventures and the Health Secretary Sylvia Burwell says that the government will have a difficult time getting the last block of uninsured to embrace the health care plan.
The CBO stated that by October, there were 7.1 million people enrolled in the Obamacare which is one million enrollees short of their projections. The number of enrollees is important in order to obtain affordable premiums. This is because the health care plan relies on overcharging healthy people for their insurance premiums and using the excess dollars to offset the cost of insurance for the poor and uninsurable.