Health care signups: More older Americans so far

Officials expect surge of younger people toward end of open enrollment
Associated Press
Jan 14, 2014

It's an older, costlier crowd that's signing up for health insurance under President Barack Obama's law.

At least that's how it looks for now.

Administration officials released age and gender breakdowns on Monday for more than 2 million Americans who had enrolled for government-subsidized private insurance by the end of December.

Adults from 55-64 were 33 percent of the total. Medicare starts at 65.

Young adults from 18-34 were only 24 percent. Not a bad start, say independent experts, but it should be more like 40 percent to help control premiums.

Officials say they expect a surge of younger people toward the end of open enrollment March 31.

Women were 54 percent of those signing up.

Of the total so far, nearly four out of five have gotten financial help.

 

Comments

FTFOI

The last line says it all.
"Of the total so far, nearly four out of five have gotten financial help."
That means we need 4 million people to sign up and pay for those 4 out of 5.

Contango

Re: "4 out of 5."

80%.

Nothing like adding a new unfunded entitlement to the other potentially unfunded liabilities like Soc. Security, Medicare, SNAP and a myriad of other federal programs is there?

mikesee

Yeah, this is going to work real good....NOT.

It is intereting that they have not yet produced the number of sign-ups that have medical conditions. Speculation has that around 57%. These numbers equate to two things: 1. this is going to be a huge failure or 2. massive rate increases will have have to happen to make this some what self supporting. I am betting on #1.

Dr. Information

Obama and the Dems who shoved this down our throats like shovel ready jobs said from day one you could keep all these things, which was a lie. Then Obama said on record that Obamacare would need the younger generation 20's and 30 year olds to purchase insurance to pay for the older generation who use insurance 20x as much. That isn't happening either. This is just another government boondoggle.

grumpy

Of those "signed up" how many have paid? I guess those running the website don't have the ability to tell us such complicated things. I wonder how many websites set up to sell things can't tell when they get paid for selling their goods or services?

SamAdams

In this case, those running the website truly DON'T have the ability to tell you how many people have paid. Why not? Because you can only make inquiries via healthcare.gov. The payment section of the site hasn't been up and running, and still isn't.

The Obama administration likes to talk about "enrollments." What they WON'T talk about is how many of those who've clicked on one plan or another are actually IN that one plan or another. Part of it is that the numbers aren't solid because the site can't accept payments. Part of it is that insurance companies are still complaining they don't know if they're getting everything or, when they do, if the applications are correct. But the largest part is because the vast majority are signing up for MEDICAID, and the administration isn't inclined to admit failure even when it's as obvious and as big as this one is.

abigbear

its not like they REALLY have a choice is it

Behold my display of the 2013 Federal Register,” Lee wrote in the Facebook description. “It contains over 80,000 pages of new rules, regulations, and notices all written and passed by unelected bureaucrats.”

But here’s the part where you really need to pay attention: “The small stack of papers on top of the display are the laws passed by elected members of Congress and signed into law by the president [emphasis added].