Obamacare sign-ups astonishingly pathetic
Only 50,000 have signed up, but 5 million have been dropped from their insurance so far.
Check it out:
The biggest problem with Obamacare may not be the website – it may be Obamacare, itself.
Low enrollment in state exchanges indicates the demand for Obamacare may be nearly nonexistent.
The government expects 1.4 million Americans to enroll in Obamacare on the state-run exchanges by the end of the year, but only a little more than 49,000 have signed up, with just six weeks to go.
According to an analysis by the research firm Avalere Health, only 3 percent of expected participants have enrolled in 11 of the 14 states (and Washington, D.C.) that made their own exchanges for individual insurance.
This is potentially devastating news to the administration, which needs to sign up 7 million people by March 31, 2014, to make Obamcare financially viable.