California's Enrollment Data Shows Obamacare's Biggest Weakness

California's Enrollment Data Shows Obamacare's Biggest WeaknessFor those looking at the uneasy future course of Obamacare need not look further than California, a huge state with a diverse population and its own individual insurance marketplace — as opposed to the 36 states letting the federal government run theirs.
California officials Thursday released enrollment numbers which illustrate the biggest hurdle for President Obama’s healthcare reform: getting younger people to sign on, which would ensure cheaper premiums for those older Americans who are in greater need of affordable medical coverage.
As of Monday, 79,891 people had signed up for insurance through the Covered California exchange.
Here’s the California breakdown for October:

  • 10,387 people between the ages of 55 and 64 enrolled in Obamacare, which represents the biggest share, 34 percent, of all individuals enrolled. But that age group represents just 11 percent of the state’s population.
  • 22 percent (second highest total) of the total number of individuals enrolled fell between the ages of 45 and 54, who represent 14 percent of the state’s population.
  • 26 to 34 year-olds comprised 15 percent of total enrollment (just 4,580 people). This group represents 14 percent of the state’s population.
  • 35 to 44 year-olds composed 16 percent of enrollment (4,937 people)up. They make up 14 percent of the total state population.
  • And there were just 2,344 people between the ages of 18 and 25 who signed up, that’s 8 percent of total individual enrollment. This age group comprises 7 percent of the state’s population.

Covered California, the board that runs California’s health insurance exchange, on Thursday also decided not to allow insurance plans that do not meet Obamacare standards to continue operating in that state, effectively rejecting President Obama’s strategy to “fix” the wave of existing policy cancellations fo millions of Americans.

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