Few seem to want Obamacare, even with subsidies

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Only 30 percent of the people who applied for health coverage on the new exchange websites last month were eligible for government help, far lower than initial projections.


That finding comes from a new analysis of federal data by Avalere Health; the consulting firm expects that 84 percent of those who ultimately purchase coverage in the exchanges will get subsidies, similar to Congressional Budget Office estimates.


The application process for people who get subsidies is more technically difficult, so the bungled software impedes them more than others.


A further possibility is that people with modest incomes feel it’s not worth buying health insurance, even with the laws' carrot and stick of tax credits to buy coverage and penalties if you don’t.


It could signal that a big share of those currently uninsured don’t want to pay for health plans, even with strong incentives from the government.



http://www.businessweek.com/articles/2013-11-26/even-subsidized-obamacare-plans-havent-found-takers-yet?google_editors_picks=true
 
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