The Problem With Obamacare's 9 Million Enrollment Number

"More than 9 million Americans have signed up for private health insurance or Medicaid coverage -- 9 million."
-- President Obama, in his State of the Union speech last night

That's technically true. About 3 million Americans have signed up for private insurance on the federal or state exchanges, and around 6 million are now eligible for Medicaid.


The problem is the number doesn't tell us what we need to know to figure out whether Obamacare is viable.

How many of those 9 million are newly covered Americans?
We don't know, so we can't exactly blame the president for the number he used. However, it's likely that many of those 9 million had health insurance previously.

A survey by McKinsey & Co. earlier this month said that just 11% of people that signed up on the exchanges were previously uninsured. It's not an official number, but even if it's in the ballpark, most people were just switching insurance.

That's not a particularly surprising breakdown for early enrollees. Money is a pretty good driver. People who were paying a large chunk of their income on health insurance can get subsidies by signing up on the exchanges. There were also all those people with catastrophic insurance that had their plans cancelled because they didn't meet the new minimum requirements.

We yet know how many people who signed up on the exchanges actually paid for their insurance. You'd think it was pretty high, considering how difficult it has been to sign up on the federal website, but there are certainly going to be some people who change their minds between signing up and getting the bill.

Medicaid is for low-income individuals, so presumably the number of people who were previously uninsured is higher, but we don't have any figures to know for sure. The 6 million who signed up for Medicaid includes all people who signed up, many of whom would have been eligible under the old Medicaid rules. It isn't clear how much the expansion of Medicaid under Obamacare is helping to get the uninsured covered.

The uninsured make Obamacare work
More people in the system is key for the numbers to work out.

Drug companies, for instance, are required to give discounts on drugs bought through Medicaid and Medicare as part of Obamacare. The industry didn't fight the law because it's counting on sales to newly insured patients to cover the discounts.

Likewise health insurers, such as UnitedHealth Group (NYSE: UNH  ) and Humana (NYSE: HUM  ) , are counting on new enrollees not only for the added revenue but also to make the insurance prices work. Many uninsured people were uninsured because the risk of getting sick doesn't justify the cost. Adding those to the risk pool makes up for those with pre-existing conditions.

Earlier this month, Humana said its projected enrollment was "more adverse than previously expected." If the enrollees, on average, have higher medical expenses than planned for, UnitedHealth, Humana, and the rest of the insurers are going to have to charge higher prices to make up for the higher costs.

Finally, part of what helps pay for Obamacare subsidies comes from the government not having to make payments to hospitals to cover medical expenses incurred by hospitals that treat uninsured patients. If the uninsured aren't signing up for insurance, hospitals such as HCA Holdings (NYSE: HCA  ) and Tenet Healthcare (NYSE: THC  ) are going to be in trouble.

Hospitals in states that have chosen not to expand Medicaid are lobbying their legislatures to change their minds. Ten of HCA's hospitals in Virginia, for instance, stand to lose $53.3 million from the cuts over the next two years.

Not doomed yet
There's still plenty of time to get the uninsured signed up during the open enrollment, which runs through March. And it's not like it's the end of the world if the procrastinating uninsured don't sign up this year. The next open enrollment period starts Oct. 15.

Of course, the president would just as soon you sign up this year:

That's why tonight I ask every American who knows someone without health insurance to help them get covered by March 31.

The state of the union might not count on it, but it'll sure make the new program a lot more successful.

Everything you need to know
Obamacare seems complex, but it doesn't have to be. In only minutes, you can learn the critical facts you need to know in a special free report called "Everything You Need to Know About Obamacare." This free guide contains the key information and money-making advice that every American must know. Please click here to access your free copy.

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  • Report this Comment On January 29, 2014, at 8:40 PM, smilingdon wrote:

    I am not an academic person but I have the gut feeling that later this whole scenario is going to come back to bite us in the form of an insurance bail out.

  • Report this Comment On January 29, 2014, at 8:42 PM, fbh27 wrote:

    Everything you need to know about ACA is right here. Unless you can afford the highest costing packages. You will pay for insurance and still have to pay out of pocket for your care until your deductibles are met. After that you only have to pay 40%. Did I mention deductibles are $5000 per person or $15000 per family? You can save the $800 dollars or so a month premiums you pay for this garbage and use it to pay your penalty, and when you do get sick. For a normal, reasonably healthy family. This is plain robbery. My guess is Mr. Obama knew this from the onset of this debacle and had some kick back scheme set up with the carriers.

  • Report this Comment On January 29, 2014, at 8:46 PM, tklynch wrote:

    "That's technically true". What, you can't just come out and say "thats an actual LIE". And another thing, Obama says he is raising new federal contract wages to a minimum wage of $10.10.....I don't think there is anymany federal workers making less than $10.10. And if there is.....taxpayers are paying for it.

  • Report this Comment On January 29, 2014, at 9:00 PM, RFTECH3000 wrote:

    gotta love it !

    6M have been found "ELIGIBLE" for Medicaid , did they actually SIGN UP ?????

    And if they did , are there enough PROVIDERS to take care on a additional 6M ?

  • Report this Comment On January 29, 2014, at 9:44 PM, wildgifts wrote:

    It's really depressing to keep reading articles in which the writers attempt to prop up the ACA by not challenging the administration's spin. Motley Fool has become one of the biggest cheerleaders for this abominable law. It might have been appropriate for the writere to come right out and say the reason "we don't know" all the things he says might make the picture more clear: HHS won't tell the public! There is no living way that information is not available to HHS. No living way. If the data was even spinnable, they would put it out. Thank goodness for Avik Roy at Forbes and the Wall Street Journal for publishing the truth, whether it's favorable or not to the ACA.

  • Report this Comment On January 29, 2014, at 9:46 PM, flakyme wrote:

    So 3 million have signed up for private plans. How many of those are actually paying full price and how many are getting subsidies? Be willing to bet most are high risk and subsidized, which means the train wreck it on schedule.

  • Report this Comment On January 29, 2014, at 9:47 PM, HikingwithFool wrote:

    I had other insurance, but for the same price I now have insurance twice as good as the $5,000 deductable policy Allstate was ripping me off for. I had no choice till now. I have always been a Rep. from Ogle Co, a farm community in Ill. But may family have now mostly changed to independent voters.

  • Report this Comment On January 29, 2014, at 10:50 PM, ehuud wrote:

    Facts are irrelevant. Obama is The Messiah. Whatever he says is gospel. Any fact checking is blasphemy and racist. HEIL OBAMA.

  • Report this Comment On January 29, 2014, at 10:51 PM, thatlldopig wrote:

    Small problem with the open enrollment date listed in the article. To avoid releasing bad news in advance of the midterm elections, Obama delayed the open enrollment from October 15th to November 15th.

  • Report this Comment On January 29, 2014, at 11:05 PM, glenns45 wrote:

    Obamacare the biggest scam ever!!!

  • Report this Comment On January 29, 2014, at 11:15 PM, Mountainbeagle wrote:

    This proves again that Obama is a master of deception, at least to his uneducated sheep who fear to question him.

  • Report this Comment On January 29, 2014, at 11:26 PM, HandiManBob wrote:

    After all his lies, you'd have to be a fool to believe anything he says from now on.

  • Report this Comment On January 29, 2014, at 11:36 PM, gjsuhr wrote:

    Weren't there 40 million uninsured before ObamaCare? So...a few million lost their existing plans and signed up for ObamaCare plans, and 6 million signed up for free Medicaid. Net result.....what....maybe 35 million still uninsured, 6 million paying nothing, 3 million paying more, and the rest of us wondering if our employers will dump our plans.

  • Report this Comment On January 29, 2014, at 11:37 PM, chrismireya wrote:

    Obamacare is a scam that was created behind closed doors, rushed through Congress without review, "deemed passed," explained with numerous LIES and then thrust upon America against our will.

    Obama only has credibility with the truly simple-minded and the partisan ideologues who are willing to lie on his behalf.

  • Report this Comment On January 29, 2014, at 11:45 PM, Nuances wrote:

    Alright, okay ...nobody can be happy with the way this Healthcare monster is set up now. But what we had wasn't any better for most of us. When the economy tanked and you lost your job, you also lost your health insurance and depending on the age you would find it hard to get back on a contract you had. You - or if you were lucky to find new employment - your employer had to pay more.

    So, we need to sort this out and I would appreciate Rep.'s making constructive proposals instead of just bashing everything the Dem's do and just for the heck of it.

    The Insurance Companies need to come around with workable plans. I know that is not on their agenda because they are out to make money - and lots of it. But since they are getting help from the Government - in the form that having health insurance is no longer optional - they can re-calculate their prices.

    Just grabbing the chance to run with it while increasing the premiums and lowering the coverage at the same time, was not anticipated by the Obama administration - which was grossly native.

    Howebver, going back to (healthcare-)stoneage is no longer possible. Instead of joining stupid 'repeal' calls we should demand that politicians from both side of the aisle do, what we pay them to do - work this out!

  • Report this Comment On January 29, 2014, at 11:47 PM, rplevinton wrote:

    The problem with this article is that the writer should check HIS facts first. If he'll go to he will learn that the next enrollment period starts November 15, NOT October 15...that would be the Medicare Annual Enrollment Period start date. So, that pretty much blows any credibility this writer has on this subject at all in my book.

  • Report this Comment On January 29, 2014, at 11:49 PM, maria2014 wrote:

    @Hikingfool, Allstate doesn't sell health insurance. What have you been smoking?

  • Report this Comment On January 30, 2014, at 12:42 AM, duelles wrote:

    I don't believe that people understand the dynamics of this ACA thing. We ALWAYS (my lifetime) had some government mandating coverages in the individual states. Now it is mandated by the Feds. I have never been able to buy what I wanted from an insurance company, because of government mandates. The mandates now are more onerous and you get taxed if you don't "buy in". The free market hasn't existed in health insurance in my life. Anyone who likes the government forcing purchase of insurance on them is truly a fool in the very worst way. Emotional cripples and freeloaders love "free" health insurance, but as P.J. O'Rourke said many years ago," if you think healthcare is expensive now, wait until it is free"

  • Report this Comment On January 30, 2014, at 12:48 AM, TheWholeTruth wrote:

    Health insurers have raised rates by over 1/3. Does anyone think they will pay that out in claims?

    Hospitals will gain with less freebies in ERs, far more than the lower payments.

    The writer forgets about the 3 million under 26 that have gotten covered under their parents plan.

    1/3 of the medicaid eligible never signed up, the law only made many aware of the pre-ACA coverage.

    Investors have put their money into United Healthcare, Aetna, etc. Partly due to the law covering insurers losses. Insurers refunded 2 billion this past year. Having increased premiums by 1/3 they probably will refund more this year.

    The largest flaw in ACA is the absence of a public plan to compete with the private sector to hold down costs. There also should be a parameter around the amount of high risk patients in an insurers total.

    The second largest flaw is the absence of a non-profit delivery system. With the VA, the military, the non-profits out there something could have been done to provide non profit service. You would begin with the families of vets and enlarge the pool as that system grew by allowing a 5% profit for expansion. The VA delivers care at 2/3 the cost of the private sector with about the same outcome in patients.

  • Report this Comment On January 30, 2014, at 1:35 AM, TerrifiedCitizen wrote:

    Here's the parallel, but truthful state of the union... devoid of politics:

    In talking about industry, it seems to me that just like most commercial organizations, they look to their federal govt as mentors for great new money-making ideas... Obama and his worthless group of community organizers had a party at the WH and came up with the biggest new bait and switch tax scheme since income tax (which failed to get a 2/3 majority vote of the states and is therefore illegal); and called it Obamacare.

    In the beginning, they used to use income tax to finance federal govt. Then became megalomaniacs and forged an unholy alliance with industry to look the other way while nearly unbelievable price jumps were started for an array of fictional excuses, and illegal payola arrived at Washington's back door in the form of various huge political contributions.

    As ridiculous as it is, they used up all that money and so became bored with this great new scheme to fleece what remained of the working class tax-payer and decided to return to another more direct form of taxation by raising healthcare costs of an even smaller base of working tax-payers... many of whom have been displaced into McJobs because industry decided that they needed to lower their quality and service standards if they were to continue meeting the insatiable political payola demands in return for free license to gouge the working class... So they moved manufacturing and help-desks overseas.

    Of course, even though it's obvious to intelligent individuals, in their hysterical lust for greed, both govt and commerce all consciously ignore that the exhausted wellspring is being choked to death which will eventually lead to a socialist state with everyone looking to govt for enough food, fuel and medicine simply to survive. Russia and many other regimes have already proven the fallacy of such an idea being successful and durable over time by going bankrupt.

    The resulting govt becomes an even more corrupt, criminal organization (Russia is a prime modern example) by taking over control of whatever industry and natural resource they like citing a 'state of emergency'. A small group of elite criminals who operate as an appendage of or in association with the state then set goals of becoming meglo-billionaires by ignoring the needs of their own populations and selling off products and resources to the world's highest bidders.

    We now see many of these nouveaux rich criminals vacationing in our country and around the world, enjoying the most excessively lavish hotels, restaurants clubs, restaurants and resorts while back home, the average 'citizen' can't even afford to keep their ramshackle hovel warm.

    You may not think there is even the slightest correlation between you and the starving Russian who drinks vodka all day to forget, but welcome to the coming marvelous new order of America. On the bright side, perhaps illegal immigrants will then flee in mass to other borders out of their disgust for living conditions that they themselves helped to create...

  • Report this Comment On January 30, 2014, at 3:41 AM, Orlandca wrote:


    On eleven defendants were indicted on RICO charges for allegedly assisting AccessHealthSource, a local health care provider, in obtaining and maintaining lucrative contracts with local and state government entities in the city of El Paso, Texas, “through bribery of and kickbacks to elected officials or himself and others, extortion under color of authority, fraudulent schemes and artifices, false pretenses, promises and representations and deprivation of the right of citizens to the honest services of their elected local officials” (see indictment).[27]

  • Report this Comment On January 30, 2014, at 7:46 AM, Wheellug wrote:

    Its a failure... still.

    Robbing Peter to pay Paul? Had to take the wife to the emergency room for an issue related to her cancer. What ran us last year around $1,700 with a copay of $100 cost me $500 out of pocket and over $18,000 billed to insurance. When I confronted the hospital about the atrocious invoice, it basically came down to covering others who cant pay - Obamacare.

    As far as the number of 9 million.. think about not as 9 million new, but 9 million conversions from private insurance to this death nail called Obamacare.


  • Report this Comment On January 30, 2014, at 8:43 AM, PaulSell wrote:

    Barry was quoted as saying,"When I go out and say the "You like it you can keep it 's...for years and still as recently as the SOTU, constantly fudge my numbers and get 4 Pnocchios from the Washington Post the next day, I JUST CAN NOT UNDERSTAND WHY "YOU PEOPLE" STILL DON'T BELIEVE ME? I know you're struggling and I want you to just think about Christmas. It cost you taxpayers $800,000 to bring my main squeeze "Snuff Lip" back from her extended stay in Hawaii. Now, for you millennials: Welcome to OB☭M☭C☭RE ●! The Liberals that now have to survive re-election with that albatross hanging around their socialist necks, STILL have to convince you soft headed millennials into another suicide vote for them again. Maybe we, Barry & Company, can chat up Pot Legalization and Income Inequality while avoiding your chances at even getting a job, we Dems are just going to encourage you into believing that the lying Dems are actually going to make your lives so much better."

    OB☭M☭C☭RE ● NOW has DEATH SPIRAL written all over it. I do hope the Republicans are meeting with Insurance Companies, as I write, figuring out how to defuse this Economic time bomb with their new plan, when they regain the Senate in 2014.

  • Report this Comment On January 30, 2014, at 9:01 AM, nenecris wrote:

    I am so sick of all the negative/ half-truth comments written by our "glass half full" society! I am an average single self-employed American woman. I went on the website, signed up for health insurance, received a very manageable quote, and January 1 2014, guess what? I had health insurance! Wow that was hard. I have been to my primary DR., a specialist and even had some tests done, and guess what? NO ISSUES WITH MY COVERAGE! Wow, that was hard. People who oppose this whole insurance policy remind me of the "bad kids" in school years ago who always fought against what was good for them, or just wanted to challenge authority. With national health care we can take care of our population and we will be a better nation for it. God Bless America, and God Bless President Obama!!

  • Report this Comment On January 30, 2014, at 9:31 AM, menefer wrote:

    My wife and I always take the "high deductible" choice when signing up through my employer. It is the best deal for us due to the low monthly fee because we are healthy.

    When you have insurance you get your preventative care covered, you pay the pre-negotiated insurance company price and not the full price that the uninsured pay. You also get prescription coverage. This is all before you hit the deductible. You also are insured in case of something expensive happening.

    "High deductible" policies are great for those who don't have medical problems that guarantee that you will be spending thousands a year. Those who say you are paying for nothing are just misinformed.

  • Report this Comment On January 30, 2014, at 9:43 AM, sabebrush6 wrote:

    I've never heard this said as simply or as well. Class war at its best.

    The folks who are getting the free stuff don't like the folks who are paying for the free stuff, because the folks who are paying for the free stuff can no longer afford to pay for both the free stuff and their own stuff.

    And the folks who are paying for the free stuff want the free stuff to stop.

    And the folks who are getting the free stuff want even more free stuff on top of the free stuff they are already getting!

    Now... the people who are forcing the people who pay for the free stuff have told the people who are RECEIVING the free stuff that the people who are PAYING for the free stuff are being mean, prejudiced, and racist.

    So... the people who are GETTING the free stuff have been convinced they need to hate the people who are paying for the free stuff by the people who are forcing some people to pay for their free stuff and giving them the free stuff in the first place.

    We have let the free stuff giving go on for so long that there are now more people getting free stuff than paying for the free stuff.

    Now understand this. All great democracies have committed financial suicide somewhere between 200 and 250 year after being founded. The reason? The voters figured out they could vote themselves money from the treasury by electing people who promised to give them money from the treasury in exchange for electing them.

    The United States officially became a Republic in 1776, 236 years ago. The number of people now getting free stuff out numbers the people paying for the free stuff.

    Failure to change that spells the end of the United States as we know it.


    A Nation of Sheep Breeds a Government of Wolves!

    I'M 100% for PASSING THIS ON ! For all our sake PLEASE Take a Stand!

  • Report this Comment On January 30, 2014, at 10:15 AM, Barmil wrote:

    This whole numbers games being played is not were the focus should be.

    The focus of any financial site should be zeroed in on what it is costing us to repair the computer system, Obama and his tribe have shot through emergency funding to save the computer system and there is little traceability that I have seen or read about.

    When the president focuses on just the enrollment numbers and their questionable results and does not explain how the repairs are being paid for is a disservice to American people.

    One day soon we will be seeing this part of the Obamacare plan show up in the news that the Obama administration has once again over stepped his authority with out the Congress and up being another tax with which the people will have to pay.

    If I am wrong on this subject please excuse this rant but I have been looking for current news updates on this and have not found any.

  • Report this Comment On January 30, 2014, at 10:21 AM, menefer wrote:

    The posts about "free stuff", "socialism", "imperium", etc. seem to work well on the lunatic right but most Americans are smarter than that. Do you all think this is the proper website for posting crazy accusations?

  • Report this Comment On January 30, 2014, at 10:30 AM, tty wrote:

    Imagine a drought and the government keeps handing out buckets, You tell the government that you have plenty of buckets but no rain to put in it.

    We needed health care reform not health insurance reform.

  • Report this Comment On January 30, 2014, at 10:31 AM, menefer wrote:

    Barmil, the cost to build a website is not even a drop in the bucket. I did read an article on the cost of shutting down the government and it was $300 million a day. I'm sure the entire website cost is less than one days shut down and no one seemed to care about that.

  • Report this Comment On January 30, 2014, at 10:43 AM, 80paws wrote:

    Amazing how it went from 3 million last week to 9 million this week. 6 million more folks on medicaid. I will pay my town and county taxes today. 24% of my taxes goes to pay the 40% of the county budget that covers social services. I am wondering if my taxes will go up next year to pay for this 6 million.

  • Report this Comment On January 30, 2014, at 10:52 AM, clloyd53 wrote:

    6 million new enrolls in Medicaid. Or half of illegals in the country who now enjoy medical coverage paid by the very generous worker and taxpayers.

  • Report this Comment On January 30, 2014, at 11:04 AM, Haxhere wrote:

    My brothers insurance just went up $500 a month.

    My widow sister insurance just went up $200 a month so now she does NOT have insurance!

    USA Knollwood SO. just closed due to obamacare!

    I deliver medicine to approx. 150 doctors and hospitals and not one supports obamacare-NOT ONE!! So tell again how great obamacare is??!!!!!

  • Report this Comment On January 30, 2014, at 11:48 AM, sogole wrote:

    Higher taxes.

  • Report this Comment On January 30, 2014, at 11:49 AM, MaxxTheKatt wrote:

    Liars make figures and figures make liars. In Obama's case, we know the liar!

  • Report this Comment On January 30, 2014, at 11:51 AM, Vansumter wrote:

    What difference does it make. Most of the respondents have jobs, and have health care. I am paying much less for my employer held health care this year. Go figure.

  • Report this Comment On January 30, 2014, at 11:59 AM, kcole6080 wrote:

    I can't afford Obamacare for my family. Due to a high mortgage that I have to pay + gas, electric, phone, etc. Its taking me a long time to find even 1 decent job in this area, but to no avail "nothing". He needs to work on the job market for the american people.....

  • Report this Comment On January 30, 2014, at 12:06 PM, johnnyfrankie wrote:

    So if the majority of Americans do not like ACA, we have to cater to the minority and the potus whims? Nah. It's not complicated. It's very simple. Common sense, in fact. I've heard many (including myself) state that you will dearly PAY for this atrocity, and you will. You haven't seen anything yet.

  • Report this Comment On January 30, 2014, at 12:13 PM, ernaldo wrote:

    The only number associated with the Kenyan fraud I'm sure of is his towering double digit IQ.....

  • Report this Comment On January 30, 2014, at 12:22 PM, kca124cain wrote:

    The 9 million people claim is simply deceptive. Obama was trying to give the impression that ObamaCare is working.

    Deception is a lie even if it is veiled with true facts.

  • Report this Comment On January 30, 2014, at 12:43 PM, sevel wrote:

    Wow...another big fat lie from the king of lies, deceit, treason and murder.....what a shocker....smh!

  • Report this Comment On January 30, 2014, at 12:45 PM, Lukedog10 wrote:

    Mr. Obama is a very well schooled liar who knows full well that a good lie should contain some elements of truth to make it more believable.He really slipped up when he stated repeatedly that those who liked their current medical insurance could keep it. Now we are stuck with Omominable Care. The only good result from all this is that no

    person of reasonable intelligence now believes anything he says.

  • Report this Comment On January 30, 2014, at 12:46 PM, sevel wrote:

    menefer.....obviously you don't know know how to read...the website startup cost was 634 million!

  • Report this Comment On January 30, 2014, at 12:59 PM, taxedmore wrote:

    Medicaid is not insurance - it is welfare. From the pocket of those that earned it to the pocket of those that did not earn it.

  • Report this Comment On January 30, 2014, at 1:05 PM, ajones wrote:

    We will never get the truth out of this administration about anything concerning the ACA. They say just enough, and in the right way, so that they can't be called complete liars, even though the truth is being stretched. And Obama brags about the fact that those people who had their insurance cancelled had "junk policies" whereas 66% of enrollies are going to Medicare which, in itself, is "junk" healthcare. Obama is one of the few people in my life, and I'm 71, who I just can't stomach to hear talk. You can never believe a thing the man says.

  • Report this Comment On January 30, 2014, at 1:06 PM, milt3726 wrote:

    1. ObamaCare is creating a part-time economy.

    With 7.4% unemployment in Obama’s economy, millions of Americans are looking for full-time jobs. But ObamaCare is making a bad situation even worse – with the Democrats’ health law placing costly new regulations on businesses with 50 or more employees, part-time work is surging to record highs.

    While millions of Americans are still searching for financially stable, satisfying, and dependable jobs, ObamaCare is only making that job search harder.

    2. ObamaCare is increasing the cost of health insurance.

    It looks like the Affordable Care Act isn’t going to be so affordable. ObamaCare implementation has started gearing up, and some states are already bracing themselves for skyrocketing premiums. Ohio is expecting insurance premiums to jump by 41%. Families in Georgia are bracing for premiums to increase by as much as 198%!

    Contrary to what Democrats promised voters when they passed the law, ObamaCare’s costly regulations, rules and mandates are increasing the cost of health insurance.

    3. ObamaCare is killing jobs.

    We need jobs in Obama’s economy, but ObamaCare is only creating a complex maze of uncertainty for small business owners. Instead of focusing on expanding business and creating jobs, business owners are navigating ObamaCare’s rules, regulations, red tape and taxes.

    4. ObamaCare continues to get delayed.

    If ObamaCare is so great, why has the White House delayed so many crucial parts of it? These delays are still costing taxpayers.

    Democrats have already admitted that the law is flawed. Rather than further confusing and delaying ObamaCare, the law needs to be fully repealed, and we can start over.

    5. ObamaCare is still very unpopular.

    Remember when Nancy Pelosi said we have to pass ObamaCare to find out what’s in it?

    It’s been three years, and the American people still don’t like ObamaCare. Even some Democrat voters are walking away from President Obama’s “signature” health care law. It’s time to repeal the train wreck and start over.

    6. ObamaCare’s implementation has been a train wreck.

    Train wreck might be too nice of a word. The Democrats have been flailing around trying to implement ObamaCare - one ObamaCare expert even told Congress that the White House was in “triage mode” trying to figure out how to carry out all of ObamaCare’s rules and regulations.

    If the implementation of this law is any indication of how ObamaCare is going to impact

    American families and their health care, Americans say no thanks.

    7. ObamaCare is forcing Americans to lose their health insurance.

    Remember when President Obama promised us that if we liked our health care plan, we could keep it? Turns out that’s not the case. The fact of the matter is, the ObamaCare train wreck is causing some employers to terminate their health coverage for employees and their families, and other insurance companies are leaving certain markets altogether! It’s only one of many of ObamaCare’s broken promises.

  • Report this Comment On January 30, 2014, at 1:23 PM, jmgconsultants wrote:

    Lets see 6 million are signed up for Medicaid but out of those how many actually signed up from Obamacare and how many were actually signing up anyway even if there was no Obamacare. Plus the other 3 million, how many actually paid there first months premiums. Obama statement of 9 million people were a total lie and even the Washington Post had said so and other fact trackers agreed that it was a lie. Plus not us forget the 6 plu million that lost their coverage because of Obamacare and the fact that yesterday the CBO said that this law still wont cover 31 million people.

  • Report this Comment On January 30, 2014, at 1:42 PM, rdmcdonald48 wrote:

    Medicaid is NOT insurance, it is a service provided for people by the government to pay medical providers when the user has NO insurance to pay the provider.

    Medicare has a premium attached to it, and it is in the form of an insurance policy as a result.

    If 2/3 of the people opted to apply for Medicaid when visiting the health care website, it means that they do not have the ability to pay for the medical services that they may need, which includes the outrageous deductibles and co-pays attached to the "Bronze" plans being offered by the insurers who are participating in the Obama-care plans.

    It's a shell game of astronomical proportions. One that the working people are going to have to pick up the tab for.

    IT astounds me as to how many gullible people have bought into this line of garbage being rolled off the tongues of these purveyors of the largest fraud upon the American tax payer in the history of the modern world.

    Bernie Madoff is an honest man in comparison to the President and his gang in Congress.

  • Report this Comment On January 30, 2014, at 1:49 PM, tristinstone wrote:

    Once a liar always a liar! PERIOD!

  • Report this Comment On January 30, 2014, at 3:09 PM, michaelmar wrote:

    There are 2 major issues that stand out to me-

    First, there is no accounting of how many of those signing up have pre-existing conditions, but we can probably assume that the ones that already have are sicker than the general population for obvious reasons. They have reported that less than the expected/required number of the younger healthier people have signed up, but it is even worse when you realize that the younger ones who will sign up are those that already have need for the coverage. Why sign up until you need it if you can get coverage any time regardless of pre-existing conditions, which is a major flaw in the theory that this law is based on.

    Second, a large percentage of those signing up seem to be directed to Medicaid, but that program has net worth provisions and upon death the govt can confiscate your assets if you exceed them. How many people are being told all the rules of Medicaid before being enroll in it? And Medicaid already has a big problem with doctors accepting new patients and what will happen when large numbers of new Medicaid patients flood the system? There is no provision in the ACA to address the SUPPLY of healthcare, only the demand! That is something I would expect the MF to consider, since it goes directly to the quality of life through financial well-being it generally promotes. How much financial benefit is worth it if you cannot access the service you paid for and it takes away any assets you have at death?

  • Report this Comment On January 30, 2014, at 3:17 PM, Drumsumu wrote:

    It's being run by the IRS for God's sake. Are you crazy? Won't touch it. Oh,and subsidy=a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive. I still end up paying for your sick a**.

  • Report this Comment On January 30, 2014, at 3:31 PM, mikegalt wrote:

    Some people are saying we are no worse off under ObamaCare than before ObamaCare. Where have these people been? ObamaCare was suppose to cost $800 billion but after it was passed the actual cost was adjusted upward by GAO and the CBO to $1.8 TRILLION. When it was being passed it was suppose to cover long term nursing care. After it was passed long term nursing care was deleted from the law as being too costly. The whole "justificiation" for ObamaCare was to supply health insurance to 30 million people who don't have insurance, often because they don't feel they need it and not just because they can't afford it. So far we don't actually know for sure how many have signed up AND paid for insurance but are told it may be around 2.2 million. 6.2 million people had their insurance cancelled thanks to ObamaCare which means 4 million people now are uninsured. Wow. What a great deal! The premiums, deductibles and co-payments are so high no one thinks Obamacare is a great deal and young people can't afford it and refuse to buy insurance. Now tell me it is working you liars. Obama and the media just lie more and more.

  • Report this Comment On January 30, 2014, at 3:44 PM, bluetopaz wrote:

    I'm grateful for the Affordable care act.

    I retired Aug 1st 2014 and 2 health care plans were available for my wife (I have Medicare and a supplemental insurance). COBRA which was $488 a month which would have expired in 2015, and another for $534 a month.

    Both way over budget.

    My wife applied and was not denied (another problem because if she had gone and shopped she would have been denied for an underlying condition) for a plan which is way within our budget.

    The Affordable Care Act has already helped many with similar situations.

    Many here can complain about it but we are grateful that it was enacted.

  • Report this Comment On January 30, 2014, at 5:14 PM, jenny9771 wrote:

    It will be a cold day in H3ll before I enter my info on that site so it can get hacked. No thank you, Uncle Barry.

  • Report this Comment On January 30, 2014, at 5:17 PM, jenny9771 wrote:

    Oh, and I hope you people on medicaid don't plan on leaving anything to your family after you kick off. They're going to take everything you have to pay it back.

  • Report this Comment On January 30, 2014, at 5:30 PM, youranation wrote:

    yes signed up


  • Report this Comment On January 30, 2014, at 6:00 PM, taxedmore wrote:

    Medicaid is not insurance, it is welfare. Yet another freebie for somebody who did not have to pay for it.

  • Report this Comment On January 30, 2014, at 6:32 PM, JADEKRAPE wrote:

    When I saw the 9 million figure was in a speech from Obama I pretty much knew it was at least a little lie....and with Medicaid growing so fast I do not know how Sates can be expected to keep funding it (even with the very small number of Doctors who will accept it)

  • Report this Comment On January 30, 2014, at 7:22 PM, Kelly wrote:

    What? You mean Obama was lying through his teeth AGAIN?

  • Report this Comment On January 30, 2014, at 7:57 PM, tpicciani wrote:

    I used to be a supporter of ACA but after seeing what it really is I've lost my appetite for it. The costs are idiotic. I don't just blame Obama for the lack of foresight. I also blame all the researchers who were essentially yes men for Pelosi and Reid. But let's not let the insurance companies off the hook either. Their costs are ridiculous. They create paperwork just to prop up their profits. In a sense, they are their OWN government. They are the death panel. They can deny coverage and bankrupt and ruin anyone who goes into a hospital.

    Example: If you go into an ER and end up staying 2 days for a gall bladder surgery, you're an outpatient. As such, the insurance does not wave the ER cost or deductible even though you slept there 2 nights and ate 5 or 6 meals. To them you are an outpatient. Who made those rules? The Hospital? Insurance companies need to get their claws trimmed.

  • Report this Comment On January 30, 2014, at 10:39 PM, Cardinals2525 wrote:

    I find it interesting the people posting here who like the ACA talking about the good deal they have received. From their perspective, I guess if it works out for them but not for the majority of Americans, it is a great law?

  • Report this Comment On January 30, 2014, at 10:44 PM, chief1 wrote:

    Liberal Empirical Evidence = LIE

  • Report this Comment On January 30, 2014, at 10:53 PM, cantbeliveit wrote:

    Why do none of the Obama drones posting how much better the cost is for them ever post how much they are paying and how much subsidy they are receiving???

    If they were real people, they are not, then they would include the numbers they are paying, but they don't!!

    Most likely some of Jay Carney's crew. Now there is a fellow that lies with a straight face!!!

    What matters about this is really one thing, we do not have enough money in the world to make this work, let alone in the United States.

    Don't believe me, run the numbers out for another 50 years, see where it leads you. I am not talking about the fiction from the CBO either. That is just idiot garbage and has nothing to do with real costs of any program. Why do you think the costs are always so far off after a year of two??

  • Report this Comment On January 31, 2014, at 1:20 AM, Goran wrote:

    I love how Marissa Meyer is trying to create more commotion as there already is! Is she not tired of such behavior? Obamacare is doing just fine but the Elephant Party is not willing to admit that an African American President of the United States of America boxed this bill through! The Elephant Party can continue to act the way it is has been so far and sabotage everything. They will receive a slap on their wrists when the next Presidential Election come around the corner!

  • Report this Comment On January 31, 2014, at 6:02 AM, cricket23 wrote:


    If you like your Insurance,you can keep it.

    f you like your Doctor,you can keep them.

  • Report this Comment On January 31, 2014, at 6:03 AM, cricket23 wrote:

    Barack Obama "Public Will Have 5 Days To Look At Every Bill That Lands On My


  • Report this Comment On January 31, 2014, at 6:04 AM, cricket23 wrote:

    Obama - Wright - Rezko - Racism - Michelle - REPACK

  • Report this Comment On January 31, 2014, at 7:51 AM, mcknight wrote:

    Apparently Mr. Orilli has a bug up his butt for Obama. I don't care about is opinions as they always seem to be anti-Administration. Further, I don't need a financial forum trying to direct my politics. I think I'm going to rescind my Fool's subscription!

  • Report this Comment On January 31, 2014, at 9:06 AM, True411 wrote:

    It's not ObamaCare's misleading number, it's OBAMA'S misleading number.

  • Report this Comment On January 31, 2014, at 9:16 AM, avanelle wrote:

    lets call it what is really is: idiotcare not obamacare, and it damn sure is not affordable.

  • Report this Comment On January 31, 2014, at 10:47 AM, RevJelf wrote:

    Per the Supreme Court ObamaCare is nothing more that a Tax. It was the only way to pass a higher taxes to those who cant afford it.

  • Report this Comment On January 31, 2014, at 1:23 PM, blackfin2 wrote:

    First, the only reason I quit signing up to Motley fools new offers(like Super Nova, etc.) are their stance on ACA.

    I will keep my current plan, but I won't give them anymore of my money.

    Second, ACA is and will continue to be a failure. The ACA model requires millions of young health people to pay into the program to be able to float the cost of the "at need" and "pre-need" members. This will not happen.

    If you are "at need" or "pre need", you can not call any part of enrolling in the ACA an insurance plan. You are simply signing up to have others help pay for the bulk of your medical needs, period. That is NOT insurance.

    Whether you are party affiliated or not, the facts do not change for ACA.

    Again, it concerns me that MF supports a system such as ACA, when it is plain and clear that the model economies are not achievable.

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Dr. Orelli is a Senior Biotech Specialist. He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since 2007.

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