The ObamaCare people are celebrating that 3,000,000 people have enrolled but...
How many have actually paid for their insurance?
We don't know.
How many young people who are needed to pay for the insurance of the old folks have signed up and aid for their insurance?
We don't know.
From Fox News: ObamaCare hit 3-million enrollees on Friday — still short of the number the administration had hoped for by the end of December — but reached only by including enrollees who have not yet made their first payment.
The insurance industry traditionally considers someone enrolled when they pay their first month’s premium.
Last week, the Department of Health and Human Services reported 24% of the 2.2 million enrollees through Dec. 28 were between ages 18 and 34. The Affordable Care Act’s survival depends on younger, and presumably more healthy, enrollees to sign up for care to keep insurance pools balanced.
Under the ACA, every individual in the country has to have insurance by April 1 -- the end of open enrollment period -- or they will face a $95 fine, or 1% of their annual income for failing to comply. http://www.foxbusiness.com/personal-finance/2014/01/24/3-million-people-have-now-enrolled-in-obamacare/
And the ObamaCare fraud train wreck continues.
No comments:
Post a Comment