Only 1% of Massachusetts Cancellations Have Enrolled for ObamaCare.
There are too many rolling and coming catastrophes caused by ObamaCare to keep track of. Just wait until the employer market is hit late next year. But within a few weeks, a humanitarian crisis is about to hit millions who could find themselves without health insurance. Millions who had their insurance policies cancelled are now unable to re-insure themselves on the broken ObamaCare websites. In liberal Massachusetts alone, only 1% of those cancellations have re-enrolled. (emphasis added)
The death spiral conclusion…
For those who are already ill or might get ill early next year, this is no laughing matter. How many of the millions who had their policies cancelled have scheduled surgery or chemotherapy in early January. And how many of those, through no fault of their own, won’t be covered because they can’t access the ObamaCare site or afford the ObamaCare-approved plan?
On top of that, if a large portion of the millions who had their insurance cancelled simply refuse to re-enroll, you can bet that those refusing will be the young and healthy needed to keep ObamaCare financially viable. The result of an insurance pool filled with the sick and elderly would be skyrocketing premiums; which means more healthy people drop out, which mean prices go even higher.
That is called the death spiral.
It is becoming more and more likely that by this time next year, ObamaCare could result in an increase in the number of Americans who are uninsured.
This is President Obama’s signature piece of legislation. Progressives are just starting to figure out his magic want is broken. Conservatives know he never had one.