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Your ♡bamaCare!!! Fail of the Day

May 1st, 2014 - 9:45 am

Only two-thirds of enrollees paid their first month’s dues? That’s what the House Oversight and Investigations Subcommittee was told and it’s not good:

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.

With a law with deadlines as flexible as ♡bamaCare!!!’s, extending the grace period ought to be no problem. Although I don’t see why someone who didn’t want insurance badly enough to pay for it on April 15 will suddenly decide it’s a good deal on May 15. Or September 15. But hey, maybe the “law’s” supporters will get lucky and those people will contract something horrible enough to convince them to pay up.

This comes via Allahpundit (H/T) who adds:

One big caveat here: Because they’re only looking at states that use the federal exchange, they’re missing the numbers from states that run their own exchanges — which include hugely populous behemoths like California and New York. If those states are seeing higher rates of payment, for whatever reason, then the payment rate nationally is actually higher than this. We’ll need to wait and see. If the payment rate in those states isn’t higher then the number of true, paid enrollments nationally is something on the order of 5.36 million, more than two and a half million less than the number Obama’s been waving around.

California has such an outlandish number of welfare cases (one third of the entire nation’s, despite having only about 12% or so of the country’s population) that one would have to assume Californians are signing up for ♡bamaCare!!! or Expanded Medicaid benefits in big numbers, too.

Even so, that does nothing to help the solvency of ♡bamaCare!!! in any of the other states, since each state is its own little insurance fiefdom. So us non-Californians may earn the privilege of having even more of our tax dollars poured into that sinkhole, while our own unloved exchanges go belly up.

Subsidies today, subsidies tomorrow, subsidies forever!

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All Comments   (3)
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One more caveat: the latest enrollees (quite a few, I believe) have until May 1 to pay.
44 weeks ago
44 weeks ago Link To Comment
Don't forget, that's 67% of the applications that were forwarded to the insurers. The 8M number the administration throws around probably includes people who requested a quote but did not complete the enrollment, so the number of paying enrollees is probably something like 67% of 60% of 8M.

That would be about 3.2M, which roughly lines up with the Gallup polls.
44 weeks ago
44 weeks ago Link To Comment
If I understand correctly, the Clown Mafia (Boza Nostra), is hiding the unpaid premiums in order to hide the lack of PAYING suckers in the "risk pool" that has no healthy young, in order to disguise the REAL impact of the "tax" imposed on the productive class that intends to punish them by "redistributing" their wealth to the "subsidized Democratic voter"

By hiding the evidence and cooking the books, the "made clowns" of the Boza Nostra can have their incestuous Inbred Reds of the media produce their Oedipal propaganda Fun With Numbers & Numb With Fumblers handbook.

If caught, there are three acceptable Made Clown responses.

From the Clown Godmother, Hilarity Clintoleone ..." It doesn't matter, fuhgettaboutit"

From Lefty Lerner, underboss of the numbers racket, you plead the 5.375 Amendment. "I didn't do nuthin' and I plead the Amendment that allows me not to detail how my innocence would incriminate me"

And, John the Bupkist, "I will not allow myself to be questioned"
Especially about my pie in the face diplomacy.

The Boza Nostra swears Clown Omertà. And remember, no matter how big a flower you have, you can't squirt a made clown.
44 weeks ago
44 weeks ago Link To Comment
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