Wednesday, October 9, 2013

Jay "Clear As Mud" Carney ..... Obamacare Enrollment Numbers

On Monday, White House Press Secretary Jay Carney, when asked about how successful the push to signup for Obamacare had been, said:

"Let me see – I – let me see what facts and figures I have. … I'm glad you asked that question, because I want to be clear about it. When it comes to enrollment data – you know, I want to clear this up – we will release data on regular monthly intervals. What I can confirm right now is that people are signing up through federal exchanges, but we're not going to be – you know, we're – this is a(n) aggregation process, and we're not going to release data on an hourly or daily or weekly basis. … This is – these are – these are – this is large volume. There's no question that there's large volume. And we're – and these are rough estimates about the volume. One of the reasons why we've been able to – or why we've provided the information about the volume is because – that it is the principal reason why we've had slowdowns and other issues that we've had to try to resolve to make the consumer experience better.”

To the contrary, informed speculation is that the numbers presently are embarrassingly small and the Obama administration is trying to buy time hoping to: 1) cleanup the malfunctioning software which they believe is hurting the enrollment process 2) give time for more applicants to actually pay for the insurance which is the point at which they can be counted as "enrollments", and 3) have the number of enrollments reach a sufficient mass as to not further discourage other uncommitted individuals from participating because of the influence of the disclosure of low numbers.

As to the apparent lack of hard data, knowledgeable software experts say the Federal government "knows" precisely how many enrollments there are at any point in time.

A better "consumer experience" ? 

Against the backdrop of thoroughly reported delays and unavailability for access to online enrollment, in January 2013 the Dept. of Health and Human services predicted that after a brief application process of only 9.53 minutes per applicant, 2 million individuals would sign up this year and 3 million next; coincidentally, their estimates provide for the same number of enrollments, respectively, for 2015 and 2016 as well.

Unfortunately from the data that is available, what also seems to be another unanticipated event by the Federal government is that less than 1% of the online applications are usable for the purposes of obtaining any health insurance coverage whatsoever. Anyone surprised so far ?

Additionally, Obamacare's effectiveness is predicated upon achieving at least 3 million signups of HEALTHY individuals purchasing inflated premiums for insurance benefits and features that will not be used by them in order to provide Obamacare health benefits for all of the UNHEALTHY and SICK individuals who WILL make insurance claims. 

“This only works, for example, if young people show up… We gotta have them in the pools because otherwise all these projected low costs can not be held if older people with preexisting conditions are disproportionately represented in any given state. You gotta have everybody lined up.” -Bill Clinton 9/13

Can you say .... ?   PONZI scheme !


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