Saturday, February 22, 2014

Biden Admits Defeat on 7 Million Obamacare Enrollment Goal



Biden Admits Defeat on 7 Million Obamacare Enrollment Goal

by Wynton Hall 21 Feb 2014, 12:52 PM PDT
Vice President Joe Biden said on Wednesday that the Obama administration will fail to meet its goal of seven million Obamacare-paying customers by the March 31 deadline.

"Initially, we talked about by the end of this period having seven million people lined up. We may not get to seven, but we're gonna get to five or six, but that's a hell of a start," said Biden in Minneapolis.

Currently, the White House claims 3.3 million individuals have enrolled in Obamacare. However, as The New York Times reported, 20% of those people have not paid their first month's premium, thereby making them ineligible to receive coverage. That means just 2.6 million people are paying customers of Obamacare, a figure that represents just 37% of the Obama administration's seven million goal.

What's more, it is presently unclear what portion of those 2.6 million already had health insurance but were forced to purchase coverage from Obamacare after the President's healthcare overhaul killed their plans.

Over the next ten years, Obamacare will cost U.S. taxpayers $2.6 trillion.

Joe Biden
Joseph R. Biden Jr. is the vice president for the Barack Obama administration, a potential presidential candidate for the 2016 presidential election, and a regent at the Smithsonian Institution.

Note: Shirley Ann Jackson is a regent at the Smithsonian Institution, and a trustee at the Committee for Economic Development.
Alan G. Spoon was a regent at the Smithsonian Institution, and is a trustee at the Committee for Economic Development.
Bill & Melinda Gates Foundation was a funder for the Smithsonian Institution, and the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee for Economic Development.
George Soros was the chairman for the Foundation to Promote Open Society.
Donna S. Morea was a trustee at the Committee for Economic Development, and the EVP for the CGI Group Inc.
CGI Group Inc. was the Obamacare contractor that developed Healthcare.gov web site.
Obamacare is Barack Obama’s signature policy initiative.





No comments: