Posted: March 6th, 2014, 8:01 am
Fact Checker wrote:A large percentage of the people whose old plans were canceled were automatically moved to new plans offered by the same insurance companies. These people may not be happy with their new coverage — and may have appeared in an ad sponsored by Americans for Prosperity — but they got a plan without going through HealthCare.gov.
On top of that, the White House ordered an administrative fix last year that, depending on the actions of individual states, allowed as many as 2.3 million people with “canceled plans” to simply stay on their old plans for at least another year. (In early March, the White House extended that deadline to 2016.) The administration in December also announced a new catastrophic exemption to fill any remaining gaps in coverage — estimated to affect as many as 500,000 people.
In other words, almost nobody left in that pool of 6 million does not have insurance. If they didn’t, they surely would be featured in an anti-Obamacare ad. But those ads feature people who don’t like their new plans, rather than being left high and dry with no coverage.
The following chart only includes states which have broken out Paid vs. Unpaid Enrollments. If you only use these 9 states as a guideline, it looks like the paid rate is around 80%:
However, note that there's a growing consensus that the overall "paid" average is closer to 85%, not 80.
First, this is a rolling average. People who enrolled between 2/16 and 3/15 don't even start coverage until April 1st, while anyone who enrolls between 3/16 - 3/31 won't start coverage until May 1st. In many cases, their first month's premium won't even be due until up to 6 weeks or more after they enroll. Considering how many people wait until the last minute to pay their bills, it's silly to write these people off as deadbeats. The vast majority of these will eventually be paid up, it's just that we won't have confirmation of many of them until well into MAY.
So again, when the deadline hits, I'm not gonna worry about 15% of enrollments not being paid when 34% or more of the policies haven't even started yet.
[center]Obamacare’s 6 Million Target Hit as Exchange Visits Surge[/center]
Six million Americans have signed up for private health plans under Obamacare, President Barack Obama said, a symbolic milestone for a government that has struggled to get the law off the ground.
Remember this does not include 2 million who bought ACA approved private plans "off exchange," about 5 million who qualified for medicaid, and 4 million 18-26 year olds able to remain on their parents coverage, for a total of 17 million people covered under Obamacare.
Yep, the evidence continues to demonstrate that the ACA is a complete failure.Premiums for health care insurance in the Affordable Care Act are lower than the federal government had anticipated, the Congressional Budget Office reported on Monday when it revised its cost estimate for the health care law. The nonpartisan office now believes that the ACA will cost the government $5 billion less than projected in 2014 and $104 billion less for the 2015-2024 period. It also found “no clear evidence” that premiums will surge in 2015, noting that “enrollees in the future will be healthier, on average, than the smaller number of people who are obtaining such coverage in 2014.” The agency estimated that the national average premium for individual silver policy plans would increase by $100 that year.
A massive expansion of insurance programs like Medicaid and a drop in emergency room visits saved hospitals at least $7.4 billion over the last year, the Obama administration announced Monday.
With millions more people covered under ObamaCare last year, hospitals faced fewer bills from patients who lacked insurance and were unable to pay. Hospitals also saw fewer emergency room visits, which rack up far higher costs and often leave hospitals with the tab.
The costs of those services — known as uncompensated care — dropped by one-fifth nationwide in 2014, according to a government report released Monday.
The Department of Health and Human Services (HHS) released the findings to mark the fifth year since the passage of ObamaCare.
Nearly 70 percent of those savings came from states that have expanded the eligibility for Medicaid under ObamaCare. The 29 states with Medicaid expansions saved a total of $5 billion last year, compared to the $2.4 billion saved in states that did not expand the program.