Sorry to break the bad news, but they might want to hold off on popping the champagne corks over at the White House just yet.
29,000 may have signed up for Obamacare, but as of Monday about 5.6 million Americans have had their health insurance cancelled because of Obamacare.
That means the administration is still in a deep, deep hole. If those people don’t find new insurance (either on the exchanges or elsewhere) soon, the White House is going end up having millions of newly un-insured Americans on January 1. To avoid that humanitarian and political disaster, they would have to be signing up about 240,000 people on federal and state exchanges a day, every single day, starting on Dec. 1 until Dec. 23rd — and that’s just to break even.
Put in that context, and given that the federal site serves 36 states, 29,000 signups over two days doesn’t sound so hot, does it?
It’s a drop in the bucket.
Moreover, it’s the Post reported yesterday that the website is still failing to transmit enrollment information to insurers, or is sending inaccurate or incomplete data, meaning that many who think they’ve bought policies actually have not. These enrollment errors, the Post reports, “cumulatively have affected roughly one third of the people who have signed up for health plans since Oct. 1.”
For argument’s sake, let’s be generous and give the administration credit for about 200,000 total sign-ups since October in both the federal website and state exchanges so far.
That still leaves them about 5.4 million short if they are to get all the folks they have driven out of their individual market plans covered. The clock is ticking. They’ve now got 20 days left to do it. And 29,000 every two days is not going to cut it.
With just 29,000 over the first two days since the re-launch, the number they must sign up every day has now grown from 240,000 to 270,000 a day. And every day they miss the mark, the number gets higher and more unattainable.
At this rate, they are on pace for a grand total of 330,500 signups on the federal exchanges before the Dec. 23 deadline — which leaves them about 5.27 million short of breaking even.
So 29,000 may be an improvement for Obamacare — but for the millions who have lost their healthcare because of Obamacare, it’s too little too late.