Obamacare enrollment craters, over 90 percent of users getting subsidies

Washington Times:
Obamacare enrollment is lagging far behind what economists had projected, the Congressional Budget Office said in a new report that cuts the total number of customers expected to buy plans on the exchanges from 21 million down to just 12 million this year.

Of those, 11 million will be getting government subsidies — down from the 15 million the CBO had projected just a year ago.

The updated projections came as part of the CBO’s 2016 budget outlook, and confirm the administration’s own dim estimates of how many people would take advantage of the health exchanges, which are at the heart of President Obama’s health law.
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What this demonstrates is that with sufficient incentives you can bribe a few people into buying a flawed product like Obamacare.

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