Joe Biden Admits Obamacare will Fall Short of Enrollment Goals by 1 or 2 MILLION Americans

By admin February 20, 2014 13:53

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Biden, shown earlier on Wednesday in Illinois, said the administration will fall far short of its Obamacare enrollment goal Read more:  Follow us: @MailOnline on Twitter | DailyMail on Facebook

Biden, shown earlier on Wednesday in Illinois, said the administration will fall far short of its Obamacare enrollment goal

Vice President Joe Biden admitted in a public notice that the federal government will end the Obamacare open enrollment period far short of its goal.

‘We may not get to seven million; we may get to five or six, but that’s a hell of a start,’ Biden said during a speech in Minneapolis. ‘I’m here to say thanks.’

The Congressional Budget Office has estimated that in order for the Obamacare system to avoid a financial ‘death spiral,’ at least 7 million Americans must enroll.

More importantly, the nonpartisan CBO projected that more than 2.7 million of them must be young Americans, whose limited use of health care services is expected to balance out the greater needs of older, sicker people.

The goal of 7 million new insurance customers has been embraced by members of Congress, the White House, and Health & Human Services Secretary Kathleen Sebelius.

Biden’s appearance at Moose & Sadie’s cafe, a brief stopover before a major Democratic fundraiser, marked the first time the Obama administration has walked back its health insurance enrollment goals by offering new numbers, although the independent CBO reset its estimate at 6 million this month.

Jay Carney, the White House press secretary, has softened the president’s position in a different way during recent media briefings.

‘When it comes to predictions about how many people will have signed up come March 31st, I don’t have an exact number,’ he said on February 12. 

‘What we are confident about is that that will be a large number, and it will be a population that is diverse enough to allow the marketplaces to function effectively.’

Last week the Centers for Medicare and Medicaid Services announced that total enrollment through January stood at 3.3 million, but the administration has refused to say how many of them have formalized their coverage by paying a first-month premium.

A MailOnline analysis of five states that do provide such numbers determined that just two-thirds of the total, or 2.2 million, are likely coverage by insurance.

By admin February 20, 2014 13:53

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