Obamacare Metastasizing Into Zombiecare
Bill Quick

Committee Learns Who’s Paid for Obamacare: As of April 15, Only 67 Percent of Enrollees in Federal Marketplace Had Paid First Month’s Premium | Energy & Commerce Committee

WASHINGTON, DC – Data provided to the committee by every insurance provider in the health care law’s Federally Facilitated Marketplace (FFM) shows that, as of April 15, 2014, only 67 percent of individuals and families that had selected a health plan in the federally facilitated marketplace had paid their first month’s premium and therefore completed the enrollment process. Nationwide, only 25 percent of paid enrollees are ages 18 to 34. The Subcommittee on Oversight and Investigations today invited the leaders of some of the nation’s largest insurance providers and their trade groups to testify at a hearing, “PPACA Enrollment and the Insurance Industry,” on Wednesday, May 7, 2014, at 10:15 a.m. in room 2123 Rayburn House Office Building.

House Energy and Commerce Committee members sent letters requesting specific enrollment data, including the number of individuals who have paid their first month’s premium and demographic breakdowns. The committee has compiled the data that provides a snapshot of the true enrollment picture as of April 15, 2014, after the official end of the open enrollment period. Due to the administration’s repeated and unilateral extensions and changes, as well as the fact that many insurers have reported that individuals will still have time to pay their first month’s premium, the committee plans to ask the insurers in the federally facilitated marketplace to provide an enrollment update by May 20, 2014. 

On April 17, 2014, President Obama declared the success of his law, claiming that 8 million Americans had signed up for health insurance, but data from the insurance providers reveals that the president’s figure is largely misleading. As of April 15, 2014, insurers informed the committee that only 2.45 million had paid their first month’s premium for coverage obtained through the federally facilitated marketplace. While the administration has relied on questionable nationwide figures to boast the law’s success, the state-by-state breakdown compiled by the committee underscores the serious problems facing some states.

It will take an ocean of public money to prop up what has become Zombiecare, (Healthcare of the Living Dead) but never fear: Our politicians will find it somewhere.  Probably in our grandkid’s piggy banks.

 

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Bill Quick

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

Comments

Obamacare Metastasizing Into Zombiecare — 3 Comments

  1. I didn’t bother clicking through, but unless there’s something else in there you didn’t quote, or I just somehow misread something, those numbers are way off. 2.45M paying premiums out of 8M people enrolled is 67% didn’t pay.

    I find that more likely, as Georgia announced a couple weeks ago that the pay rate was either 25% or 50%, I can’t remember which.

  2. They may be counting the Medicaid registrants as “paid”, which would skew the numbers.

    Who knows? This is the same fedgov that tells us there’s no inflation, while I can’t afford gas, beef, pork, or electricity, or no unemployment when 2/3 of the country doesn’t work.

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