Even worse, the 500K number was what the Obama regime considered a slow start.

And with exchange traffic plummeting by 88%, there’s a snowball’s chance in hell of they will hit their goal.

WASHINGTON (AP) — For the first month alone, the Obama administration projected that nearly a half million people would sign up for the new health insurance markets, according to an internal memo obtained by The Associated Press. But that was before the markets opened to a cascade of computer problems.

If the glitches persist and frustrated consumers give up trying, that initial goal, described as modest in the memo, could slip out of reach. […]

In Cincinnati on Wednesday, Sebelius urged Americans to keep coming back to healthcare.gov if they can’t get through. “Prices don’t change and the product doesn’t run out,” she said.

In the memo, officials estimated that 494,620 people would sign up for health insurance under the program by Oct. 31. And that was portrayed as a slow start.

“We expect enrollment in the initial months to be low,” said the memo titled “Projected Monthly Enrollment Targets for Health Insurance Marketplaces in 2014.”