ACA Failure. Needs 40% Young and Healthy to Work. Currently only Getting 11%.

WelfareQueen

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The following data is only from one State (Colorado) but it is disturbing. The overwhelming number of people signing up for Obamacare are older and sicker. Obama officials refuse to release enrollee demographic information for the National website (probably because the numbers are equally bad), but Colorado officials are releasing the numbers.

Per HHS, 40% of Obamacare enrollees must be young and healthy for the program to work financially. Colorado is getting only 11%. This means the program will not be remotely viable and will either fail, or require a massive taxpayer bailout. Here is the story from CNN with a key quote.


"Demographic information released at the end of November shows the makeup of the exchange so far skews much older than federal officials have targeted.

The White House has set a goal of ensuring that roughly 40% of all enrollees on the federal exchange are young and healthy.

As of November 30, just 11% of total enrollees in Colorado’s exchange fall into the targeted 18 to 34 age bracket. The majority of new enrollees – more than 60% – are between 45 and 65."



Colorado enrollment spikes, but age may be a problem ? CNN Political Ticker - CNN.com Blogs
 

JakeStarkey

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ACA Failure. Needs 40% Young and Healthy to Work. Currently only Getting 11%.

Early innings, WQ.
 

JakeStarkey

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Early innings. Talk to the Cowboys about last night's game.

And unlike NFL, Congress can reform ACA as it goes along. That means it can change the rules.
 

Vox

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I am amazed that 11% of idiots were found.

Or are those Medicaid enrollees and subsidiary recipients only?
 

Indeependent

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Whoever doesn't realize they have to subscribe will realize it sooner or later when they learn they have no insurance and must rely on ReaganCare.
 

Vox

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The following data is only from one State (Colorado) but it is disturbing. The overwhelming number of people signing up for Obamacare are older and sicker. Obama officials refuse to release enrollee demographic information for the National website (probably because the numbers are equally bad), but Colorado officials are releasing the numbers.

Per HHS, 40% of Obamacare enrollees must be young and healthy for the program to work financially. Colorado is getting only 11%. This means the program will not be remotely viable and will either fail, or require a massive taxpayer bailout. Here is the story from CNN with a key quote.


"Demographic information released at the end of November shows the makeup of the exchange so far skews much older than federal officials have targeted.

The White House has set a goal of ensuring that roughly 40% of all enrollees on the federal exchange are young and healthy.

As of November 30, just 11% of total enrollees in Colorado’s exchange fall into the targeted 18 to 34 age bracket. The majority of new enrollees – more than 60% – are between 45 and 65."



Colorado enrollment spikes, but age may be a problem ? CNN Political Ticker - CNN.com Blogs
ah, that is the EXCHANGE ones.
Which are subsidiary recipients :D
so basically their age doesn't matter - since they are the receiving end anyway :lol:
 

Mr. H.

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Early innings. Talk to the Cowboys about last night's game.

And unlike NFL, Congress can reform ACA as it goes along. That means it can change the rules.
I'm glad that I procrastinated. I was facing a 120% increase in premiums just to keep a similar level of coverage. Yesterday I got a recorded phone message from my current provider stating they will let me keep my current policy, but premiums will go up at least 20% in February. Let's hope this fiasco gets killed and buried where it belongs.
 

boedicca

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Well....duh.

The economics of this ClusterFail are exactly what us rational folks predicted.
 

JakeStarkey

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Early innings. Talk to the Cowboys about last night's game.

And unlike NFL, Congress can reform ACA as it goes along. That means it can change the rules.
I'm glad that I procrastinated. I was facing a 120% increase in premiums just to keep a similar level of coverage. Yesterday I got a recorded phone message from my current provider stating they will let me keep my current policy, but premiums will go up at least 20% in February. Let's hope this fiasco gets killed and buried where it belongs.
It's not a fiasco, it's not going to be killed.

Keep shopping.
 

Mac1958

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.

There will be a rush at the end of the enrollment period, should be interesting to see how close they get.

Even if they don't reach that number, though, it would be one of the smaller problems we'll have to deal with.

.
 

Little-Acorn

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This means the program will not be remotely viable and will either fail, or require a massive taxpayer bailout.
That's true of socialism generally. It's the reason why it keeps failing. And will continue to fail, whether called "socialism" or "Obamacare" or "Ponzi" on anything else.

The only real difference here, is that this is a program where the U.S. government can bail it out and might try.

In which case it will take all the rest of us down with it when it dies.
 

PoliticalChic

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Amelia

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Whoever doesn't realize they have to subscribe will realize it sooner or later when they learn they have no insurance and must rely on ReaganCare.



And, the promise to insure all Americans?
According to the CBO, in 2015 there will be 36 million uninsured nonelderly Americans. http://www.cbo.gov/sites/default/files/cbofiles/attachments/43472-07-24-2012-CoverageEstimates.pdf (table 3)


And that estimate was made before the massive cancellation of policies and before the extent of the price increases under O-care was recognized. I'm curious about what their next estimate will be.
 

oreo

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I am amazed that 11% of idiots were found.

Or are those Medicaid enrollees and subsidiary recipients only?

While 250,000 Coloradoradoans got cancellation notices on their insurance--34,000 signed up for medicade. The numbers are very low in Colorado for people actually pushing the BUY button.

Almost 250,000 Colo. residents lose health plans under ObamaCare | Fox News

We all know it was the YOUTH vote that took Obama to victory twice--but they're not real fond of him right now. Primarily over the NASA secret wire tapping.

When Obama was campaigning--I think most of the YOUTH actually thought they were going to get medical insurance for FREE--and or that the RICH were going to pay for it for them.

But I think this is going on all over the country. The YOUTH while fascinated with Obama when he was out on the campaign trail really doesn't know much about Obamacare, or any of his other policies for that matter.

PURPOSE OF OBAMACARE: to insure the uninsured EFFECT OF OBAMACARE: uninsuring the insured

 
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