Thursday, December 26, 2013

ObamaCare Disaster: Only 10-15% Have Paid

From Breitbart: 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.”  http://www.breitbart.com/Big-Government/2013/12/23/Progressive-Group-Warns-Of-Huge-Caveat-To-Obamacare-Enrollment-Numbers
So, between 5-15% of the enrollees have actually paid for their insurance.  I guess, in raw numbers, that's only 10 people.
No, if a million people have signed up, only 5000 to about 15,000 have paid their first premiums.
And using the number o $500,000,000 that it cost to create the web site and staff it, that comes up to about $33,333 per enrollee.
And sadly, because of ObamaCare, millions upon millions have lost their health insurance, millions more have had their premiums increased, lost their doctor and/or hospital and face higher out of pocket expenses.
While it may not be a natural disaster, it is one of the biggest disaster/fraud in American history.
It's time to raise the question of impeaching Obama.  His lying and failure as a president is worse than what any other president has done and certainly worse than what Bill Clinton when he lied about his sexual escapades and cigars and Andrew Johnson who was impeached because he tried to fire the Secretary of War.  Richard Nixon was never impeached but should have been and Obama is far worse that Obama ever was in abusing his power.
So, now, Obama has completely screwed up health care and the insurance companies will probably need a bailout or they go broke.
As a condition of any bailout, the Republicans need to demand that Obama and Vice President Biden need to resign before any bailout is paid.
What a disaster Obama has been for this country.

No comments:

Post a Comment