Capturing the utter catastrophe known as “the Obamacare rollout” is a dubious endeavor, so allow me to give you the bottom line: Obamacare needs 7 million paying enrollees by March 31 to be financially viable, but in the past three months, only an estimated 2 million have successfully enrolled (compared to 5 million cancellations, a net loss of 3 million people insured).
It is not known whether these “enrollees” have actually paid, but at least one source reports that the payment part of the Obamacare website is not even up and running.
According to CNN, only about 20 percent of “enrollees” have actually enrolled, meaning they have purchased the coverage. If those who have “enrolled” didn’t pay by the end of December, they aren’t actually insured.
There’s yet another catch to the 7 million number. The Administration estimates, of those 7 million, at least 2.7 million must be young and healthy adults in order to keep the law financially viable.
October was a disaster for the billion dollar (taxpayer-funded) bomb known as healthcare.gov, as about 100,000 were reported to have enrolled, but only 27,000 through the website. Those numbers were far short of the 500,000 projected by the Administration, and that half-million estimate was down significantly from previous goals.
Now, perhaps realizing the direness of the situation, the Obama Administration is designating American tax dollars toward sleazy ads like these in a desperate attempt to raise awareness of the deeply unpopular law.
Several college-age women regarded the ad as offensive in this video:
Countless celebrities have recently promoted the law, not to mention the endless slog of commercials and internet advertisements. President Obama himself held a “youth summit” last month as well as a televised speech at American University.
However, a recent study found that 57% of Millennials oppose Obamacare.
The reason that Millennials are right to be skeptical of the law is that it raises their rates, especially those of young men. Even accounting for taxpayer-funded subsidies, the average rate is set to rise significantly. Obamacare’s many hidden taxes and fees are also contributing to rate hikes across America.
We were told that Obamacare would not only lower premiums an average of $2500 per family, but that those who already had insurance could keep their plan and their doctor if they didn’t want to switch.
It seems that none of it was true. Like Nixon’s “I’m not a crook,” Bush 41’s “No new taxes,” and Clinton’s “I did not have sexual relations with that woman,” perhaps President Obama’s promises of affordable, quality health care will be remembered as yet another infamous presidential lie.
Follow Garrett Humbertson on Twitter @G_Humbertson.