The latest tally shows that ObamaCare enrollments are just over two million, falling far short of the estimated 3.3 million expected to sign up by January 1, and putting into serious doubt the goal of seven million by the end of March.
At first blush, the reason for the lackluster enrollment is the premium cost. Many people are learning to their dismay that they will be facing premium increases of 30 to 70 percent, or more. In some cases, much more. For instance, a 27-year-old man in Memphis will see his premiums jump from $41 a month last year to $119 a month this year, a 190-percent increase. A 27-year-old woman in Nashville will be hit with a 97-percent increase.
In California, some 600,000 of those whose coverages have been cancelled will learn quickly that they don’t qualify for subsidies, resulting in much higher premiums when they do find coverage....
