Latest ObamaCare Flop: Enrollment Will Be Way Below Plan

IBD reports:

Health Reform: By now, ObamaCare was supposed to have 21 million enrollees. A new study says it’s not likely to ever attract even 15 million. Even for government work, that’s a big miss.

President Obama has been bragging about ObamaCare’s great “successes” in the run-up to its sixth anniversary, including the claim that 20 million have gained coverage (highly dubious) and that health care inflation is low (which has little to do with the law).

But as the years progress, it’s the failings of ObamaCare that have become more apparent.

The latest evidence of this is from a study by the Kaiser Family Foundation — which has been supportive of the law — that says overall paid enrollment is likely to top out at 14.7 million.

That’s almost 10 million shy of what the Congressional Budget Office had originally projected ObamaCare would enroll. And it means that ObamaCare will only sign up about half of the “potential market.”

And, to add further perspective, there were 15 million people who bought individual insurance plans before ObamaCare, a number that Obama himself once dismissed as an insignificant 5% of the insurance market.

Kaiser says one reason for the sharp drop in enrollment expectations is that employers aren’t dumping as many people into the exchanges as the CBO had expected.

Obama also thinks GDP growth of less than 3% is just great!