1 million visits to http://t.co/vQ74UBBs7F yesterday. Site stable, faster for users.
— HealthCare.gov (@HealthCareGov) December 3, 2013
Seems like the site is able to take large scale loads. The Monday after Thanksgiving is traditionally the highest volume day for Medicare Open Enrollment as mom and dad had a chance to talk to their kids over the break and have them fix the computer one last time before they make their decisions for the next year. There is a deadline in 3 weeks, so I am curious what the conversion percentage of visitors into buyers looks like yesterday and today. The numbers should start ramping up.
Also some more good news — the cost curve is bending for a variety of sustainable reasons (via Forbes, not a friend of PPACA so it is an admission against interest):
According to a New York Times report out Tuesday, the Congressional Budget Office has quietly removed hundreds of billions of dollars from the projected costs of Obamacare, primarily the result of an anticipated decrease in the federal government’s contribution to the Medicaid expansion program along with the projected cost of the subsidy payments to those buying private insurance policies on the healthcare exchanges…
Do we have Obamacare to thank for this highly successful “bending” of the cost curve?
Naturally, the answer depends upon who you ask as there simply is no definitive way of knowing—yet….
Among Obamacare inventions that do appear to be paying off in lower healthcare costs is the government’s refusal to pay hospitals more when patients are re-admitted within 30 days of their initial discharge. Additionally, new plan designs engineered to reward providers for quality of care rather than for quantity of care may well be paying off in terms of lowering the overall cost of care.
According to the Kaiser Family Foundation—widely regarded as an honest, non-partisan broker when it comes to healthcare issues and analysis—the declining increases in the cost of healthcare is 75 percent the result of economic factors and 25 percent a benefit of the cost cutting measures in the ACA that do, in fact, appear to be working. [my bold]