Splat

Only 106,000 Americans Signed Up For Obamacare in October: Less than two percent of the 7 million Americans officials expect to do so.

And these are the phony shopping-cart numbers, NOT the number of people who have actually bought policies.

Meanwhile:  HHS says 396,261 Americans have been determined or assessed eligible for Medicaid or CHIP (children's Medicaid), so the welfare tab is skyrocketing.

Add in the adverse selection among signups and this is a dumpster fire of the first order.

The older and sicker are signing up for ObamaCare, while the poor are signing up for Medicaid. The young and healthy, on whose backs this whole scheme is supposed to rest, are AWOL, and those under 26 can stay on their parents' policy, anyway.  

The system of fines for failing to sign up won't work, because it can only be enforced by IRS subtracting the fine from your tax refund. You simply change your withholding so there is no refund.

Centralized planning at its best!

Byron