Wednesday, March 12, 2014

Obamacare signups slow down in February, youth enrollment well below target

The Washington Examiner reports:

The pace of Americans signing up for privately administered insurance through President Obama's health care law slowed down in February, according to a new report from the Department of Health and Human Services, and youth enrollment is well below target levels set before the program's launch.

Weeks before the health care law's exchanges launched Oct. 1, an HHS memo projected that 5.7 million individuals would enroll in a plan through one of Obamacare's exchanges by the end of February. In reality, HHS said Tuesday, just 4.2 million Americans had signed up in the first five months.

HHS still hasn’t disclosed how many Americans who have signed up for a plan through the website have consistently paid their premiums, which is how enrollment is typically measured. Thus, HHS figures could overstate enrollment by around 20 percent to 25 percent.

The failure of ObamaCare.