Posted on 09/21/2013 9:06:21 AM PDT by smokingfrog
The Congressional Budget Office has estimated that 7 million Americans will enroll in the online exchanges created by the Affordable Care Act’s individual insurance mandate when the marketplaces open on October 1. But investors surveyed by Citigroup have a much lower forecast: 4 million. The expected problem is not unawareness of the law’s requirement that all Americans who can afford to buy healthcare insurance must do so, or confusion about how to sign up for coverage, or even distaste for the mandate; rather, the survey showed that investors are concerned that technical glitches will present obstacles to enrollment, Reuters reports.
Of the 4 million Americans the surveyed investors expect to sign up for coverage, between 2 million and 3 million are projected to be previously uninsured. In comparison, the CBO predicted that 7 million individuals will enroll, of which 4 million were previously uninsured.
A total of 48 million Americans were uninsured as of 2013.
One of the primary reform aims of the Affordable Care Act was to ensure every American was insured, and the primary vehicle of that goal is the state-run or federally-facilitated exchanges.
The exchanges allow consumers to comparison-shop for health insurance policies in online marketplaces, which were designed to give consumers collective bargaining power that will foster competition and drive down prices. To keep the insurance plans offered on the exchanges affordable, Americans, whose employers do not offer insurance and who make between 100 percent and 400 percent of the federal poverty line, which tops out at around $45,960 for an individual and $92,000 for a household of four, will be given a federal tax credit to subsidize the cost.
But to determine whether an applicant qualifies for the subsidy or is eligible to buy medical coverage on the exchanges, the databases of seven U.S. Agencies..>
(Excerpt) Read more at wallstcheatsheet.com ...
This is why the commie ‘RATS are so desperate to have the “rebranded” RINOs pass an amnesty scheme. The illegal aliens are needed to save ObamaCare.
The only sane applicants will be those Americans with incomes beneath whatever arbitrary figure the Obamanites establish so that their ‘premiums’ are subsidized (in English, they pay very little or nothing).
Our Soviet class is counting on productive members of society signing up so they can hitch them to pull the Affordable Care act wagon.
It's in this archive of old pictures.
“...The exchanges allow consumers to comparison-shop....”
I went on our state’s website and it came up with a list of providers. Then click on the pdf form for each provider. Close that, open another, etc. A tough way to “comparison” shop. And while my insurance rates are going to jump another $200/mo. in Jan. (from $350 to over $1100 in 3 years!!), it looks like it will still be cheaper than the “affordable care” insurance.
“I can just see a whole lot of low-income, low-health invaders showing up in the elite’s local hospitals for medical care and Obamacare covering it.”
I’ll tell you exactly where that leads: here in NJ we’ve closed hospitals (including the one in my town) because the law required them to treat illegal aliens. As the state gradually cut the “charity care reimbursement” for such care, the hospitals closed. In some cases they still function as a medical facitlity of some sort or other (long-term care or physical therapy, for example), but NOBODY is getting treatment without an appointment (after submitting the proper insurance documents, by the way).
I’ve used this example as a demonstration of how the state is winning it’s war on the Church; they have the power to tax the Catholic schools and hospitals out of existence (eliminating their competition). In NJ the state has been wildly successful...
how can you enroll in it if all you can do is part time work, no matter you have 20 years experience in your field. And now you are working Part time emptying out houses to be destroyied because your job let you go because of 0’care?
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