The Commonwealth Fund, a New York-based research fund which supports Obamacare, released a study Thursday showing that of the “eligible users” who have picked a plan—but not necessarily bought insurance—through HealthCare.gov by Dec. 31, 41 percent “tended to be younger adults.”
Health insurer Humana Inc said on Thursday that it projected its enrollment mix in private plans through the exchanges created by President Barack Obama’s healthcare law will be, “more adverse than previously expected.”
Humana attributed the enrollment trend to regulatory changes allowing people to remain in previously existing plans not sold on the exchanges. Obama proposed allowing insurers to keep selling plans that did not comply with the Affordable Care Act after political fallout that he was not keeping his promise that people can keep insurance plans if they like them.
Is this really a shock to anyone? By unilaterally allowing insurers to continue selling canceled health plans, Obama has given young Americans zero incentive to purchase insurance through Obamacare. Why would anyone, let alone just millenials, purchase more expensive, less beneficial health care when they don’t have to?