The PJ Tatler

Obamacare's Magic 7 Million Doesn't Have Enough Young, Healthy People In It So Premiums Will Rise Again

Lowered expectations, higher insurance rates.

The Obama administration declared victory on Tuesday over signing up more than 7 million people for this year, overcoming technology failures that stymied enrollment in the program’s early weeks and Republican efforts to discredit it in the eyes of consumers.

But insurers have already said that the first group of new enrollees under Obamacare, as the law is widely known, represent a higher rate of older and costlier members than hoped. To keep their health plans from losing money in the coming years, many expect monthly premium rates to rise by double-digit percentages in some parts of the country.

So, despite having spent over $50 million on advertising down the home stretch, using celebrities, sports leagues and sports franchises to sell this thing to America’s youth, they still ended up with the wrong mix of healthy-to-sick.

It really doesn’t take much to get The Idiot King to do a victory lap, does it?

By the way, he says they didn’t give it the hard sell. No, really.

Even Jimmy Fallon is mocking Team Lightbringer’s definition of success.