DEADLINE TODAY: Obamacare Enrollments Lag Millions Behind
Liberals will never admit that ObamaCare is a failure. Their solution as always is to throw more money at it.
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With less than 24 hours to go until the critical Obamacare enrollment deadline, all eyes are on the Obama administration to see whether Democratic claims of a massive “Obamacare sign-up surge” will materialize.
Tomorrow’s December 23rd deadline, which was extended an extra week due to the HealthCare.gov debacle, marks the near midpoint of Obamacare’s six-month enrollment period. The Obama administration says it needs to sign up 7,000,000 people to Obamacare by the March 31 deadline. Individuals wishing for health coverage to begin January 1 must be enrolled by tomorrow’s deadline; those wishing to avoid the government’s fine of $95 or 1% of their income must get health coverage by March 31.
To remain on pace, the Obama administration needs to have enrolled roughly 3,500,000 Americans in Obamacare by tomorrow’s deadline. Moreover, roughly one third, or 1,166,666, of those enrollments need to come from so-called “young invincibles” — the 18 to 34-year-old healthier demographic whose premiums will cover older, sicker people’s more expensive health costs. Analysts say failure to enroll enough young, healthy people could spark an actuarial “death spiral.”