The nation's health insurance rolls are hemorrhaging with Obamacare-forced cancellations, and new sign-ups are dreadfully slow -- and not just because of the disgraceful website glitches. People don't want what Obama's offering, er, mandating, and they're not buying what he's selling (at gunpoint).
On Sunday morning, the White House quietly issued a statement revealing that only 1.1 million people have signed up for Obamacare on the federal website. An additional 1 million have signed up on states' websites, but even adding these enrollees, the administration is woefully short of its stated goal of 3.3 million enrollments by Dec. 31 and has less than a third of its targeted 7 million number by March 31. But that's just the good news.
We don't even have information -- because the government won't provide it -- on how many of the allegedly 1.1 million new federal enrollees are actually assured of coverage. All we know is that these people have selected the plans they want on the website; we don't know whether they've paid for them or whether the insurance companies have accepted them for coverage.
The administration's obscure Sunday statement provided no information as to the demographics and income levels of those enrollees. The financial feasibility of Obamacare depends on the participation of the "young invincibles" -- young, healthy people whom this despotic government will soak for premiums to subsidize the sick and elderly. The administration is shrewdly guarding this data because it knows it can't afford more bad news, and these skewed sign-up patterns would mean that premiums would likely jump again in 2014.
The administration also conspicuously failed to mention that Obamacare forced cancellation of the plans of about 5 million people, which leaves a net loss of some 3 million insured. Reportedly, close to 2 million others signed up for Medicaid coverage, but that will just further tax that underfunded system and the federal budget and will do nothing to help fund the Obamacare mandated plans.
It bears repeating that these forced cancellations were no accident. Nor were they mere collateral damage the administration couldn't avoid en route to its socialized medicine utopia. They were deviously planned by the administration because they were necessary for Obamacare's numbers to work.
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