White Property touts Obamacare premium information that chops down enrollment number they celebrated yesterday

**Written by Doug Powers

President Obama took a “victory lap” this week since enrollment in Obamacare had supposedly gone over the 6 million mark.

Yesterday, Blue Cross explained that 80 to 85 % of men and women enrolling in an Obamacare prepare have paid their premiums. That prompted far more White Home partying:

Alternate edition: “Hooray! The 6.one million variety we’re celebrating is nowhere close to factual!”

From National Journal:

One of the largest players in Obamacare’s exchanges says 15 to 20 percent of its new customers are not paying out their initial premium–which indicates they’re not truly covered.

The newest information come from the Blue Cross Blue Shield Association, whose members—known collectively as “Blues” plans—are participating in the exchanges in virtually every single state. Approximately 80 to 85 percent of individuals who chosen a Blues plan via the exchanges went on to pay their 1st month’s premium, a BCBSA spokeswoman said Wednesday.

The new statistics, particularly from such a large carrier, aid define how numerous folks are really obtaining covered under the Affordable Care Act.

If the nationwide payment price, across all carriers, stays at 80 to 85 %, the 7.one million indicator-ups Obama announced Tuesday would translate into somewhere amongst 5.6 and 6 million people who are truly covered.

And how numerous of people handful of million had insurance but misplaced it due to the fact of Obamacare regs? No matter — break out the celebration hats! And remember, the debate is over.

**Written by Doug Powers

Twitter @ThePowersThatBe

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