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Thread: State Obamacare exchanges enroll 3 pct of target so far -report

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    State Obamacare exchanges enroll 3 pct of target so far -report

    The administration said they needed 7 million sign ups, and 2.7 million of them need to be these "young invincibles".

    Nov 11 (Reuters) - President Barack Obama's healthcare reform has reached only about 3 percent of its enrollment target for 2014 in 12 U.S. states where new online health insurance marketplaces are mostly working smoothly, a report released on Monday said.

    States with functioning exchanges have signed up 49,100 people compared with the 1.4 million people expected to be enrolled for 2014, according to the report by healthcare research and consultancy firm Avalere Health.

    With enrollment in the federal HealthCare.gov website serving 36 states stalled by technical failures, the weak sign-ups for functioning insurance exchanges could be due to the administration's difficulty to promote the program as a success, Avalere said.

    The government is due to release national enrollment figures for the month of October this week. Open enrollment ends March 31, 2014.

    Supporters of Obamacare and health insurers fear that scant participation in the private insurance exchanges will prevent them from becoming a sustainable new individual market, including the right mix of young and healthy members to offset coverage for older, sick people....


    We'll see where we end up.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by cpwill View Post
    The administration said they needed 7 million sign ups, and 2.7 million of them need to be these "young invincibles".



    We'll see where we end up.[/FONT][/COLOR]
    I just don't see them getting the numbers they will need for this thing to work until people show up to do their taxes and find out they will be fined for not having it. Then we'll probably see the numbers go up, but then the jury is out how people will respond to that.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by cpwill View Post
    The administration said they needed 7 million sign ups, and 2.7 million of them need to be these "young invincibles".
    We'll see where we end up.[/FONT][/COLOR]
    Isn't it more or less required that people sign up? Why would anybody want to go first? Have you ever seen the lines of fools that stand in line at the Post Office to mail their tax return on April 15th? How about those voting lines on election day when you could have voted early in 5 minutes.

    Not saying you're wrong. Just saying that 7 million out of 310 million is not a very lofty target.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by SBu View Post
    I just don't see them getting the numbers they will need for this thing to work until people show up to do their taxes and find out they will be fined for not having it. Then we'll probably see the numbers go up, but then the jury is out how people will respond to that.
    The fine is - what? 95 bucks? v a health insurance bill that is in many cases 50, 75, 100% higher? oh yeah - and the IRS has no way of enforcing the fine?

    color me..... jaundiced with the notion that that is going to work terribly well.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by specklebang View Post
    Isn't it more or less required that people sign up?
    Nope. But you owe a tax of $95.

    Why would anybody want to go first? Have you ever seen the lines of fools that stand in line at the Post Office to mail their tax return on April 15th? How about those voting lines on election day when you could have voted early in 5 minutes.
    Agreed, you're going to see a rapid growth in the sign-ups. I just wonder if they can start from here and get to there, especially given that we haven't even started really seeing the security issues come to full light yet. That's a powerful disincentive.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by cpwill View Post
    Nope. But you owe a tax of $95.



    Agreed, you're going to see a rapid growth in the sign-ups. I just wonder if they can start from here and get to there, especially given that we haven't even started really seeing the security issues come to full light yet. That's a powerful disincentive.
    I understand the fine goes up over the years...no?

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by cpwill View Post
    Nope. But you owe a tax of $95.

    Agreed, you're going to see a rapid growth in the sign-ups. I just wonder if they can start from here and get to there, especially given that we haven't even started really seeing the security issues come to full light yet. That's a powerful disincentive.
    The State Exchanges are doing better, is that true?

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by SBu View Post
    I just don't see them getting the numbers they will need for this thing to work until people show up to do their taxes and find out they will be fined for not having it. Then we'll probably see the numbers go up, but then the jury is out how people will respond to that.
    Free tax advice: change your withholding and/or exceptions so you owe $0.01 in taxes when you file. Doing so makes you penalty $0.00 this year, next year, the year after that, etc.

    And even if there wasn't a penalty, that's still good tax advice. Otherwise, you are just giving the feds an interest free loan for 11 months.

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by specklebang View Post
    The State Exchanges are doing better, is that true?
    State exchanges, if you exclude Medicaid, is where they got this number = ~50k enrollees

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    Re: State Obamacare exchanges enroll 3 pct of target so far -report

    Quote Originally Posted by SBu View Post
    I understand the fine goes up over the years...no?
    It does, and the ONLY way the IRS is allowed to collect is to withhold tax refunds!
    Zionism is the National Liberation Movement of the Jewish People.

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