They have to get a lot of young, healthy people who do not have insurance from their employer to sign up and actually pay the premiums for it “to work” … so they say.
Reuters did a bit of digging through public statements from states who are running their own exchanges, plus they looked at data from a research firm. These numbers do not include the states that did not build their own exchanges. We expect October numbers from the feds sometime this week. My emphasis.
President Barack Obama’s healthcare reform has reached only about 3 percent of its enrollment target for 2014 in 12 U.S. states where new online health insurance marketplaces are mostly working smoothly, a report released on Monday said.
States with functioning exchanges have signed up 49,100 people compared with the 1.4 million people expected to be enrolled for 2014, according to the report by healthcare research and consultancy firm Avalere Health.
That’s the total number of people. So if they are all families of 2.2 people (let’s say) that means less than 24,000 family units.
Some people may make a big deal out of this, but Avalere makes the valid point that people usually don’t sign up until they have to. Of course, this was a big deal for the Obama administration and they expected a big win and got completely trashed in every way.
Some of the 49,100 people ended up registering for Medicaid, but Avalere did try to remove those numbers if they were able to break them out. The numbers did not include figures for California or Massachusetts.
Note the 1.4 million enrollment forecast by Avalere. The Obama administration was originally quite adamant they needed 7 million people to enroll in 2014 for the system to work. The White House started to back off on that statement at the beginning of this month.