Another Obamacare Misdiagnosis: Lower Enrollment And Higher Costs
CBO lowers estimated ObamaCare sign-ups by 40 percent
http://thehill.com/policy/healthcare/266949-cbo-lowers-forecast-for-obamacare-sign-ups-by-40-percent
Another Obamacare Misdiagnosis: Lower Enrollment And Higher Costs
CBO lowers estimated ObamaCare sign-ups by 40 percent
http://thehill.com/policy/healthcare/266949-cbo-lowers-forecast-for-obamacare-sign-ups-by-40-percent
Re: Another Obamacare Misdiagnosis: Lower Enrollment And Higher Costs
Originally posted by Time-Immemorial
http://www.forbes.com/sites/theapothecary/2016/01/26/cbos-updated-obamacare-projections-lower-enrollment-and-higher-costs/#1bd6e4e013bbCBO lowers estimated ObamaCare sign-ups by 40 percent
http://thehill.com/policy/healthcare/266949-cbo-lowers-forecast-for-obamacare-sign-ups-by-40-percent
And this was expected. The slow to the medical costs inflation was predicted to be temporary. Since Obamacare was just a bandaid for a severe laceration, it could only ever slow the rise in healthcare costs, year over year, just temporarily.
And there should be another obvious reason enrollment is reducing for Obamacare: people think it will be repealed when a GOP president is elected. There should be a disparity in the numbers from the reduced number enrolling and those enrolling directly in private plans (meaning that the loss is not equal to the gain leaving millions without insurance who may have had it in 2015).
However, this may be a bad strategy on their part. It may take awhile to repeal Obamacare and replace it with something better. They may pay the penalties when they file next tax season.
Another reason for lower enrollment is that when someone needs a procedure done they sign up the first year, fix it and don't enroll again.
The ACA closed all the high risk health pools each state had and that of course gave them a big surge. Which of course is one of the reasons for death spirals and so many states in the red.
The success of the ACA can't be looked upon as total enrolled but broken down by state enrollment. The failure of the ACA to create a national health pool was its own demise.