Behold the results of central planning. Thanks to Obamacare more Americans have lost their health insurance policies that have purchased insurance through the exchanges. This is failure on a massive scale.
Hundreds of thousands of Americans who purchase their own health insurance have received cancellation notices since August because the plans do not meet Obamacare’s requirements.
The number of cancellation notices greatly exceed the number of Obamacare enrollees.
Even worse, a good number of those who have enrolled aren’t paying customers. They’re going on Medicaid.
States Inflating “Enrollment” Numbers
As I have tracked enrollment by states, many are reporting out both Medicaid and exchange enrollment at the same time.
Therefore the 476,000 number is misleading. My best guess is that for the 17 states that have reported out some data, the number is closer to 193,818 applications (once you pull out the Medicaid applications that have been reported on). Of course, this number is also still too high as it is compromised by the jointly reported data.
What becomes clear, is that the federal exchanges in 34 states are accounting for a single digit percentage of the accounts being filed.
Many More Medicaid Enrollments Than Private Insurance
In Connecticut, “Of the 3,847 individuals who signed up for coverage, 1,857 qualified for Medicaid, 1,897 signed up for plans with one of the three private insurance carriers, and 93 qualified for the Children’s Health Insurance Plan.”
In Washington state, of the 40,400 applications submitted, only 4,529 ended up being for private coverage, which translates into coverage for 16,699 lives.
In Oregon, they have signed up 56,000 new Medicaid enrollees
But of course, President Obama and his fellow Democrats will continue to insist that everything is just dandy once you get past all of those pesky glitches. They lie.