Thursday, May 1, 2014

only 2.5 million paid their first premium and actually bought Obamacare. 6.5 million, three times more people lost their insurance because of Obamacare

only 2.5 million paid their first premium and actually bought Obamacare. 6.5 million, three times more people lost their insurance because of Obamacare

Posted on | May 1, 2014 | No Comments
http://dailycaller.com/2014/05/01/report-just-2-4-million-healthcare-gov-customers-paid-their-first-premium/Report: Just 2.4 Million HealthCare.gov Customers Paid Their First Premium05/01/2014 – Sarah HurtubiseJust 67 percent of Obamacare enrollees in federally-run marketplaces had paid their premiums by April 15, bringing the federally-run Obamacare enrollment tally to only 2.45 million, according to documents provided to the House Energy and Commerce Committee.The Obama administration has been heavily promoting that 8 million Americans selected plans on Obamacare marketplaces, but has refused to release any data on how many purchased their plans.According to all 160 insurers participating in the federal exchanges, just 2.45 million people paid their first month’s premium by April 15. That accounts for 36 states, although high-enrollment state-run Obamacare exchanges — like California with its 1.4 million sign-ups — aren’t included.The 67 percent payment rate as of April 15 is markedly lower than the 80-85 percent that experts have predicted will end up paying their premiums. April 30 is the final day for most federal exchange customers to make their payments.Of those who have paid their premiums, just 25 percent fall within the highly desired young invincible range from age 18 to 34 — drastically lower than the administration’s minimum goal of 39 percent needed to avoid premium hikes next year.The House committee compiled the data from insurance providers participating in the federally-run exchanges through HealthCare.gov, after requesting the information in early March. Members will ask insurers to update the payment data by May 20 to include full payments through April 30.“In a sad reversal away from its vows of transparency, the Obama administration, from inside the Oval Office on down, has gone to extraordinary lengths to keep basic details of the health care law from the public,” said Michigan Republican Rep. Fred Upton, chairman of the committee. “Tired of receiving incomplete pictures of enrollment in the health care law, we went right to the source and found that the administration’s recent declarations of success may be unfounded.”The Obama administration has been touting exchanges’ 8 million sign-ups far and wide, but have come under fire for refusing to release any data on the number of Americans that have actually paid for their health care plans. The enrollment data frequently touted by the White House includes anyone who selected a health care plan via an Obamacare exchange — similar to putting a product in a shopping cart on a website, but not purchasing it.Read more: http://dailycaller.com/2014/05/01/report-just-2-4-million-healthcare-gov-customers-paid-their-first-premium/#ixzz30VQ43oJ4

No comments:

Post a Comment