DISASTER. Almost Twice As Many Sign Up for Taxpayer-Funded Medicaid As Sign Up for Obamacare
The Obama administration came out with new Obamacare numbers today.
Almost twice as many Americans have signed up for the taxpayer-funded Medicaid as the private Obamacare plans.
2.1 million have signed up for Obamacare
3.9 million have signed up for the Medicaid coverage with Obamacare
6.1 million Americans have lost their insurance due to Obamacare
Since the beginning of open enrollment, millions of Americans are gaining access to health coverage–many for the very first time—thanks to the Affordable Care Act. The most recent data indicate that more than 2.1 million people have enrolled in a private health insurance plan through the Federal and State-based Marketplaces since October 1.
Both states and the federal government have seen a surge in enrollment in December. Our HealthCare.gov enrollment nearly doubled in days before the January 1 coverage deadline compared to the first weeks of the month. Nationwide, including state and federal marketplaces, December enrollment so far is nearly 6 times that of October and November combined.
We expect these numbers to continue to grow through the end of March when open enrollment ends.
Additionally, 3.9 million Americans learned they’re eligible for coverage through Medicaid and the Children’s Health Insurance Program (CHIP) in October and November. These numbers include new eligibility determinations and some Medicaid and CHIP renewals.
The administration still has not reported how many of the Obamacare enrollees have actually paid for their plan.