Obamacare seems to have reached its peak

us obamacare system

With the 2016 sign-up season two weeks away, the Obama administration announced Thursday that it expects only 10 million people to enroll to the health care program by the end of 2016. Obamacare‘s losing steam meaning that other millions will still be uninsured next year.

The system should have 10 million users by the end of 2016

Health and Human Services Secretary Sylvia M. Burwell set a target of 10 million people enrolled and paying their premiums by the end of 2016. Keeping count that Obamacare will have about 9 million customers by the end of this year, only a slight increase is expected, leaving many Americans uninsured.

Regarding this problem, Burwell identified some reasons why people end up in this situation: many of them are young and handle a poor budget. But the worse thing is that they are unaware that they can qualify for taxpayer-financed assistance with their premiums.

“If enrollment plateaus, we may see growing discussion of whether the law is fulfilling expectations in covering the uninsured, and whether the subsidies for low- and middle-income people are sufficient to make coverage truly affordable,” said Larry Levitt, an expert on the law with the nonpartisan Kaiser Family Foundation, according to The Washington Post.

Reality surpassed expectations

Congressional budget analysts estimated about 20 million subscribers to Obamacare in 2016 and that means a huge difference between expectations and reality, leaving an unanswered question: Has Obamacare reached its peak and now is stalling, leaving millions uninsured? Republicans, of course, have an answer.

They say that Obamacare is too expensive and they want to repeal the Affordable Care Act, but haven’t divulged out details of how they’d replace it. “We know that the remaining uninsured have a lot of concerns about whether they can afford coverage. About half have less than $100 in savings”, said Burwell, quoted by the same source.