(Natl Journal) Blue Cross & Blue Shield Assn says 15 to 20% of their new customers are not paying the first months health insurance premiums, which means they are not actually covered, despite Obama’s grandiose claims yesterday that the ACA is a huge success as some 7 Million have enrolled in ObamaCare.
This news should come as no surprise but confirms what the NY Times reported in February, that 20% of those who have supposedly ‘enrolled’ in ObamaCare failed to pay their first months premium.
Yesterday I wrote here that if one were to give President Obama the benefit of the doubt that some 7 Million actually enrolled in ObamaCare, given that there are some 316+ Million Americans living in some 115.2 Million households, the ACA is hardly a huge success story as President Obama claimed on Wednesday.
ObamaCare was to insure the previously uninsured and not reinsure the 6.2+Million Americans who previously had health insurance but whose policies were canceled because they didn’t meet the federal govt minimum standards for coverage.
Given the news that some 20% (or 1.4 Million) of the 7 Million Americans which Obama claims enrolled in the ACA may not have actually even made their first month’s ObamaCare payment, the so called “success” of President Obama’s signature legislative achievement is dubious at best and most likely seriously in jeopardy of failure.