Just how bad are these numbers?

Worse than I could have hoped for in my wildest fantasies.

An Article by The American Refugee

Let me start with full disclosure. I am rooting against ObamaCare and it’s website. I hope if fails hard and fast. This is because I believe a hard, fast, complete failure will lead to the full repeal of ObamaCare. This would restore liberty, save lives, save our healthcare system, and protect and restore our economy. The “Success” of ObamaCare will mean we are not free, healthcare will suffer, and gradually overtime, the private insurance industry will be destroyed and we will move into a completely socialized system. Americans will be more dependent, less free, and less healthy, with a weak economy.

Now: to the numbers. The Regime has released some pathetically low numbers. These numbers are themselves, an attempt to mislead the people. The situation is much worse than these numbers suggest. According to the Regime, 106,000 have enrolled. First, let’s have a laugh at that low number. ROFLMAO! Now, let’s analyze. 76,391 enrolled through state marketplaces, while 26,794 signed up through the federal exchange. ROFLMAO. Included in the federal numbers and some of the states numbers, are people who have signed up for Medicaid. These are new people on the government dole, not people who have purchased insurance. Next, people have to do something more than select a plan, for insurance companies to consider them enrolled. They have to pay their first premium. The Regime is including people who have not yet bought anything. They are including people who qualify for a plan, have been accepted by the insurance company, know what their subsidy will be and how much they have to pay, and are now considering buying. Many of these people won’t buy.

To get the real numbers, one has to go to the insurance industry. They are telling us that about 40,000 people have actually purchased policies, not 106,000. They are also telling us that a very scary percentage of these people are older and sick. Insurance companies are going to be looking at a net loss of money on the policies they have already sold.

To put these numbers into perspective, insurance analysts say that in order for the exchanges to survive and avoid astronomical price increases, 7,000,000 people must buy policies with no more than 1/3 being high risk and about 1/3 being young and healthy, during the 180 day enrollment period.

They expected glitches. A slow start was expected. Sicker people were expected to sign up early. They have done less than 10% of expectations and with an even sicker and older group. This is a disaster. That’s Good.

 

 

 

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