DISASTER: Only 5-10% of Obamacare Enrollees Have Paid First Premium
As of Sunday, the total enrollment through the federal marketplace was roughly 890,000, according to government figures that have not been made public. That compares with about 137,000 who had signed up by the end of November, and about 227,000 more who had signed up by then through the 14 state-run marketplaces.
As of December 11, 2013–
Over 800,000 Americans signed up for the taxpayer-funded Medicaid program.
Approximately 365,000 signed up for Obamacare.
And, 5-6 million have now lost their health care plans.
And only 5-10% of enrollees have paid their first premium.
The left-leaning journalism organization ProPublica says the only Obamacare deadline that matters is the one few are talking about: the recently extended January 10 deadline by which so-called Obamacare “enrollees” must make their first premium payment to officially activate their insurance plan.
No payment, no health coverage, notes ProPublica writer Charles Ornstein.
“There’s a huge caveat that isn’t getting much public attention,” says Ornstein. “For coverage to take effect on Jan. 1, enrollees must pay their first month’s premium on time.” Ornstein says this overlooked fact raises “the prospect that actual enrollment will be far lower than the figures HHS [Health and Human Services] is releasing.”
Industry consultant Robert Laszewski told Ornstein that one of the insurers he works with said just 15% of people have paid and activated their plan so far. Another consultant, Kip Piper, put the figure even lower.
“So far I’m hearing from health plans that around 5% and 10% of consumers who have made it through the data transfer gauntlet have paid first month’s premium and therefore truly enrolled,” said Piper, who previously served at the Center for Medicare and Medicaid Services. “I’m hearing it’s a small portion so far. And that, of course, is a fraction of an already comparatively small number of people who have made it through setting up an account.”