Shocker: Obamacare enrollment doesn’t live up to Congressional Budget Office projections
It comes as no surprise that far fewer Americans are signing up for Obamacare than originally projected by those at the Congressional Budget Office.
Three years ago, on the eve of Obamacare’s implementation, the Congressional Budget Office (CBO) projected that President Obama’s centerpiece legislation would result in an average of 201 million people having private health insurance in any given month of 2016. Now that 2016 is here, the CBO says that just 177 million people, on average, will have private health insurance in any given month of this year—a shortfall of 24 million people.
Indeed, based on the CBO’s own numbers, it seems possible that Obamacare has actually reduced the number of people with private health insurance. In 2013, the CBO projected that, without Obamacare, 186 million people would be covered by private health insurance in 2016—160 million on employer-based plans, 26 million on individually purchased plans.
The CBO now says that, with Obamacare, 177 million people will be covered by private health insurance in 2016—155 million on employer-based plans, 12 million on plans bought through Obamacare’s government-run exchanges, and 9 million on other individually purchased plans (plus a rounding error of 1 million).
The president’s signature health-insurance legislation is forcing physicians out of work because of burdensome regulatory requirements; squeezing dry Americans’ hard-earned paycheck; and ultimately giving the federal government the final say on a person’s healthcare decisions. This isn’t right. Click here to help Tea Party Patriots urge lawmakers to fully repeal Obamacare before it does any more damage!