We fear there's an overwhelming likelihood some people will be left out in the cold.
Nearly 20 million of the 21 million people already had drug coverage. The voluntary enrollment rate compares miserably with the rate achieved in the 11-month period when Medicare was originally launched in 1966. Nearly all eligible Americans signed up for the program back then.
If the government transitions 99 percent of these men and women flawlessly, there will still be 64,000 people without their medicine come January. That cannot be allowed.
We see it as a searing indictment of this convoluted drug program. People are faced with a bewildering array of for-profit insurance plans. These plans are seen as so complex and unreliable that many people in great need of help are staying on the sidelines.
The response has been tremendous. People hear it once, and they get up off the couch to buy the album.
There's so much complexity that in a sense the people confused by the benefit are the ones who are the most knowledgeable on Medicare. And for sure, there will be many people who will be confronted with the complexity and, sadly, they will throw their hands up and give up.
How many applied is kind of irrelevant compared to how many will get assistance. If they reported 3 million people enrolled in the extra help today, we would be opening the champagne bottles.
For people who can afford it, the insurance value of these drug plans is an important one.
The likelihood of someone picking the least expensive plan is remote. Many people are taking a shot in the dark.