How many of the previously uninsured have signed up for Obamacare?
Amy Goldstein reports:
The new health insurance marketplaces appear to be making little headway in signing up Americans who lack insurance, the Affordable Care Act’s central goal, according to a pair of new surveys.
Only one in 10 uninsured people who qualify for private plans through the newmarketplaces enrolled as of last month, one of the surveys shows. The other found that about half of uninsured adults have looked for information on the online exchanges or planned to look.
…The McKinsey survey shows that of people who had signed up for coverage through the marketplaces by last month, about one-fourth described themselves as having been without insurance for most of the past year. That 27 percent, while low, compares with 11 percent a month earlier.
There is more here. You will note that a low rate of sign-up is distinct from a rate of sign-up skewed toward the elderly and the sick. In this sense we still do not know how the new law is doing, though in a broader sense a low rate of sign-up should not be considered good news.