Reflecting slower than anticipated enrollment growth in health insurance purchased through the Affordable Care Act, the nonpartisan Congressional Budget Office has lowered its estimate of how many people will get coverage through the law in 2016.
In any given month this year, about 13 million people on average are now expected to be enrolled in a health plan purchased on a marketplace created by the law, often called Obamacare.
That is down from 21 million people previously estimated by the budget office, whose projections about the impact of legislation are closely watched by both parties in Washington.
That 21 million is down from 30 million which is down from about 45 million. But other than covering less than a third of what was promised, the law is working just fine.
And of course I probably don’t need to remind Longtime Sharp VodkaPundit Readers™ that more than 90% of the growth in coverage is due to increased Medicaid enrollment, and not because of ♡bamaCare!!!’s unloved and unworkable “private” insurance exchanges. In other words, the Democrats could have only expanded Medicare and gotten pretty much the same results, without all the unintended consequences and havoc that ♡bamaCare!!! is wreaking on private healthcare. And, who knows, they might have even have held control of Congress all this time, too.
It would be cruel to remind you that those who do sign up are too old and too sick to keep the exchanges solvent, but I’m not feeling very nice this morning.
But other than all that, the Totally Settled Law of the Land™ is working just as promised.
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