Wednesday, March 23, 2016

OgbjmaCare Enrollment Falls In 2015 : A Failure by Design & Intent

WOW - maybe the voting public isn't as stupid as the Ogbjma administrations thugs thought they were when they designed the OgbjmaCare heath care nightmare that was forced down our collective throats by the congressional democrats alone, and the Supreme Court's Chief Justice John Roberts.

The Ogbjma administration lied bold faced when they brought this thing, this abomination to the public abut how it will save money and bring healthcare to everyone, has been proven to be false. Who knew?

And now as it is falling apart every where, there doesn't seem to be any will in congress to stop it before it destroys the entire system even on the part of the squishy spineless and hand wringing Republicans, especially the Republicans.

Again, here is still another reason why we as Conservatives and Republicans are frustrated and angry with our Republican elected officials.

One Quarter of Obamacare Enrollees Dropped Out in 2015
By John R. Graham

The administration recently announced 12.7 million people selected or were automatically enrolled in an Obamacare exchange plan at the end of the third open season – February 1. Except for special cases, anyone who missed that deadline cannot enroll in an Obamacare plan for 2016. That is a few more people than the 11.7 million than at the end of 2015’s open enrollment.

However, the administration also announced that only 8.8 million people remained enrolled in Obamacare on December 31, 2015. That is a drop of almost one quarter from the end of 2015 open enrollment.

One explanation for some volatility is that eligibility for discounted premiums via tax credits paid to insurers in Obamacare exchanges depends on income. If an enrollee’s income drops, he may fall in to dependency on Medicaid. If his income rises, especial through getting a job with health benefits, he will drop Obamacare coverage in favor of employer based coverage. However, that churn should be fairly constant throughout the year. It cannot explain the dramatic changes in Obamacare enrollment.

Another explanation is that people are duped into enrolling into Obamacare by messages telling them how inexpensive it is, then drop it when they see they cannot afford it. Fair enough, but we are in the third year of enrolment. It is hard to believe people just keep coming back for more punishment.

The remaining explanation is consistent with the evidence that Obamacare beneficiaries are sicker than the insurers or the administration expected. It is that some people let their ailments build up throughout the year, wait until open enrollment, sign up for coverage, get medical care, and then drop coverage. That is not a well-functioning insurance market.

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