Here is a riddle:
What is 24% but ought to be 40%?
If you said that this was the number of 18 to 34 year old people signing up for insurance under Obamacare, you are correct.
The government has finally given us some partial data regarding the folks who have signed up for insurance on the Obamacare exchanges. Of the 2.2 million who have selected policies (not bought policies, but selected them), only 24% are 18 to 34. We don't know how many of these people had prior coverage that was cancelled due to Obamacare, so we really cannot say what portion of the 24% was really newly sold insurance.
Prior to the roll out of the exchanges, the government (not some critic) said that it had to get about 40% of the new insurance sales to come from this age group or the entire structure would collapse. So far, they are not even close to reaching that goal.
In one of those funny moments that only the federal government can supply, the White House came out with a statement lauding the fact that in December the numbers of 18 to 34 year olds signing up (again using their definition) was eight times the total in that group who signed up in October and November. Yah!!!!!!!!!!!!!!! The reason that this is funny, however, is that the total signing up in December was about ten times those who signed up in October and November. That means that the percentage of 18 to 34 year olds signing up in December went down, DOWN, not up. These people are idiots.
What is 24% but ought to be 40%?
If you said that this was the number of 18 to 34 year old people signing up for insurance under Obamacare, you are correct.
The government has finally given us some partial data regarding the folks who have signed up for insurance on the Obamacare exchanges. Of the 2.2 million who have selected policies (not bought policies, but selected them), only 24% are 18 to 34. We don't know how many of these people had prior coverage that was cancelled due to Obamacare, so we really cannot say what portion of the 24% was really newly sold insurance.
Prior to the roll out of the exchanges, the government (not some critic) said that it had to get about 40% of the new insurance sales to come from this age group or the entire structure would collapse. So far, they are not even close to reaching that goal.
In one of those funny moments that only the federal government can supply, the White House came out with a statement lauding the fact that in December the numbers of 18 to 34 year olds signing up (again using their definition) was eight times the total in that group who signed up in October and November. Yah!!!!!!!!!!!!!!! The reason that this is funny, however, is that the total signing up in December was about ten times those who signed up in October and November. That means that the percentage of 18 to 34 year olds signing up in December went down, DOWN, not up. These people are idiots.
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