Wednesday, February 12, 2014

Only Half Of ObamaCare 'Enrollees' Pay Their Premiums

by JASmius

That many?  Wow, the ObamaCare cataclysm is making a dramatic recovery, huh?:

The White House has been dealt a stunning new blow on ObamaCare sign-up numbers with reports showing that only about half of the people "enrolled" at healthcare exchanges in various states have actually paid their premiums.

With the March 31st deadline for enrollment just seven weeks away, the number of sign-ups in federal and state marketplaces has slowed down to an alarming figure since the sudden surge in the latter part of December and early January.

But the bigger problem for the Obama administration is that roughly 50% of consumers who had supposedly enrolled for President Barack Obama's healthcare reform have missed their payment deadline for January 1st, according to Investor's Business Daily's website Investors.com.
Well....so what?  Isn't that why the IRS was designated the feds' "collection agency"?  All they have to do is hunt down these....what is the number now?  A million or so?  A few hundred thousand?  However many deadbeats and harvest enough organs to sell on the Chinese black market to cover their first couple of months' premiums plus interest.  Until the March premium comes due, of course.

What, that's too harsh?  But look on the bright side: It'll create a boom in the cloning industry, right?

I find the "alarming" slowdown in sign-ups following the deadbeat/sick/elderly/greedy "surge" at last year's-end to be far more interesting, especially with the March 31st "deadline" (which will turn out to be more of a "goal") "looming".  If the White House had any inclination to proclaim the "death spiral" an official reality, they could certainly have done so now.  Instead of, you know, "I can do whatever I want."  Though really I'm not sure anymore what the difference is.

There's a ton of redundant state-by-state details and examples at the link.  Here's its punchline:

ObamaCare needs young and healthy customers to sign up with the state and federal healthcare exchanges to keep the cost down for older and less-abled consumers.

The White House had estimated that exchange sign-ups had reached the three million mark by January 23rd, an increase of 800,000 over December 28th.

But the number is still far short of the seven million Americans that the president had hoped to enlist by the March 31st deadline of Obama's signature healthcare reform law.
Ah, so the number of deadbeats is a million and a half (or so).  That's more than I would have thought.

Of course, this is a White House number, so that cheery optimism will have to be processed through a SuperFund hazmat site.

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