Larry Kudlow: 1 in 10 Qualified Americans Have Signed up for Obamacare is a ‘Crushing Defeat,’ Calls for a ‘Moratorium’

Just one in 10 uninsured Americans–the primary group of people Obamacare was intended to insure–who qualify for private plans through the new marketplaces actually enrolled in February, a new McKinsey survey says.

The new survey shows that among Americans who are uninsured and did not want to sign up for a health plan through one of the exchanges, said the biggest factor is that they believe they can’t afford it:

The most common reason for not enrolling cited by both previously insured and previously uninsured respondents continues to be perceived affordability challenges (this was cited by ~50 percent of the respondents who had not yet enrolled).

Open enrollment for 2014 coverage ends March 31, 2014.