Enrollment on the Obamacare exchanges is falling for the first time in years. The exchanges launched on January 1, 2014—nearly four years after President Obama signed the Affordable Care Act into law on March 23, 2010.
A new analysis from KFF estimates that the number of people enrolled in an exchange plan this year could drop by roughly 5 million following the expiration of more generous pandemic-era premium subsidies at the end of last year.
Progressives view that decline as evidence that fewer Americans will have access to affordable coverage. But a new analysis from the Paragon Health Institute suggests another possibility. A substantial share of recent exchange enrollment may never have been legitimate in the first place.
