Wednesday, November 13, 2013

Obanacare and the Real Numbners, sort of.

Well the White House has finally released the numbers on Obamacare. Don't get me wrong we still don't know exactly what they are, but they have been released to the public. It all depends on what the meaning of enrollment is. The total number released is a little over one hundred thousand. But as predicted they include people who did not really purchase a plan they only put one in their shopping cart and did not complete the check out. So how many of them did actually buy a plan? We don't know they didn't tell us. How many of them do they expect to buy a plan? We don't know they didn't tell us.

But we do know about one quarter or 27,000 of the enrollments came from the Fed Healthcare.gov site. Of those over 8000 were completed via paper enrollment forms, no WWW for you. Out of the 100K who enrolled less than 70,000 came from the 14 state web sites (which worked just fine) for an average of 2500 people per state. That of course is a skewed number since Alaska only had 53 people enroll, and California had 36,000. So what are the real enrollment numbers per state? We don't know they didn't tell us. Maybe they will, its early.

We do however know that almost 400,000 people have been made eligible for free medical coverage under Medicaid. So we now have 4 times as many folks will get their coverage paid for by the rest of us and the 100,000 who may or may not purchase a plan. Not bad for the first month or so. Just think how many there will be by March 2014.

So is this the end of Obamacare? Of course not, ask any Democrat not up for election and its a great thing they can't wait for. The President is feeling good about it all. "Senate Majority Leader Harry Reid told reporters he had a long conversation with Obama on Tuesday night, and said he feels "very comfortable" that the website will be fixed."

So the web site will be working just fine in a couple of weeks or six months, opinions vary, and those enrollments will come pouring in. Operators are standing by for your call.

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