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White House touts Obamacare payment info that chops down enrollment number they just celebrated

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By Doug Powers  •  April 3, 2014 11:57 AM

**Written by Doug Powers

President Obama took a “victory lap” this week because enrollment in Obamacare had supposedly gone over the seven million mark.

Yesterday, Blue Cross said that 80 to 85 percent of people enrolling in an Obamacare plan have paid their premiums. That prompted more White House partying:

Alternate version: “Hooray! The 7.1 million number we’re celebrating is nowhere near factual!”

From National Journal:

One of the biggest players in Obamacare’s exchanges says 15 to 20 percent of its new customers aren’t paying their first premium–which means they’re not actually covered.

The latest data come from the Blue Cross Blue Shield Association, whose members—known collectively as “Blues” plans—are participating in the exchanges in almost every state. Roughly 80 to 85 percent of people who selected a Blues plan through the exchanges went on to pay their first month’s premium, a BCBSA spokeswoman said Wednesday.

The new statistics, particularly from such a large carrier, help define how many people are actually getting covered under the Affordable Care Act.
[...]
If the nationwide payment rate, across all carriers, remains at 80 to 85 percent, the 7.1 million sign-ups Obama announced Tuesday would translate into somewhere between 5.7 and 6 million people who are actually covered.

And how many of those few million had insurance but lost it because of Obamacare regs? No matter — break out the party hats! And remember, the debate is over.

**Written by Doug Powers

Twitter @ThePowersThatBe

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