Published on June 12th, 2017 | by Admin0
White House: Americans Flee Obamacare
Today, the Centers for Medicare and Medicaid Services (CMS) announced the most recent enrollment data under Obamacare. The report was not good for supporters of the law.
With premiums in the Obamacare market rising by 105% since 2013, customers are fleeing. Today’s report is another stark indicator that Obamacare is failing and needs to be replaced now.
- In 2016, Obamacare enrollment fell by 28% over the course of the year. Enrollment dropped from 12.7 million in the beginning of 2016 to 9.1 million by the end of the year.
- So far, in 2017, Obamacare enrollment has fallen by 16%. While 12.2 million selected a plan between January and February 2017, enrollment was down to 10.3 million by March 15, 2017.
- In 2016 alone, 3.6 million dropped Obamacare coverage.
- Exit survey data from the CMS report shows that the most common reason individuals did not pay for their coverage was a lack of affordable options.
- 46% of those who canceled their coverage before paying their premium cited cost.
- Actual enrollment data is drastically lower than government predictions.
- Shortly after Obamacare passed in 2010, CBO predicted that enrollment in 2016 would be 22 million—in reality, it was 9.1 million.
- CBO’s May 2017 analysis of the American Health Care Act (AHCA) assumed 15 million people would be using Obamacare in 2017. The real number is 10.3 million. That means CBO’s calculation of uninsured Americans was overestimated by nearly 5 million.
Today’s report is another reminder that Obamacare is failing for hardworking Americans around the country. No matter what Democrats say, Washington’s control over patients and doctors in the health care market has been a complete disaster.
It is time for Congress to end this broken cycle by passing the AHCA. President Trump and his Administration will do everything possible to fix problems through agencies, but ultimately legislation is the only way to save American health care.