The figure that’s been cited for months on the percentage of people who signed up for Obamcare and actually paid is 80%
The Energy and Commerce Committee claims it’s actually significantly
lower, at least when it comes to the federal exchange the number is closer to two-thirds. How did they find that out? They asked the insurance companies.
WASHINGTON, DC – Data provided to the committee by every insurance provider in the health care law’s Federally Facilitated Marketplace (FFM) shows that, as of April 15, 2014, only 67 percent of individuals and families that had selected a health plan in the federally facilitated marketplace had paid their first month’s premium and therefore completed the enrollment process. Nationwide, only 25 percent of paid enrollees are ages 18 to 34. The Subcommittee on Oversight and Investigations today invited the leaders of some of the nation’s largest insurance providers and their trade groups to testify at a hearing, “PPACA Enrollment and the Insurance Industry,” on Wednesday, May 7, 2014, at 10:15 a.m. in room 2123 Rayburn House Office Building.
On April 17, 2014, President Obama declared the success of his law, claiming that 8 million Americans had signed up for health insurance, but data from the insurance providers reveals that the president’s figure is largely misleading. As of April 15, 2014, insurers informed the committee that only 2.45 million had paid their first month’s premium for coverage obtained through the federally facilitated marketplace. While the administration has relied on questionable nationwide figures to boast the law’s success, the state-by-state breakdown compiled by the committee underscores the serious problems facing some states.
For months, the committee and members of the press have urged the administration to provide rudimentary details about enrollment under the law, including information regarding the makeup of the risk pool and who had actually paid for their health care plans. Administration officials repeatedly insisted they were incapable of collating that data and that the insurance providers are the only ones with those details. The committee followed the administration’s suggestion and went directly to the insurance providers.
“In a sad reversal away from its vows of transparency, the Obama administration, from inside the Oval Office on down, has gone to extraordinary lengths to keep basic details of the health law from the public. Tired of receiving incomplete pictures of enrollment in the health care law, we went right to the source and found that the administration’s recent declarations of success may be unfounded,” commented full committee Chairman Fred Upton (R-MI). “We need a complete picture of how this law is working. We will continue to strive for transparency and hold the administration accountable for this law’s shortcomings and broken promises.”
Oh and they have a problem with millennials of those who had paid their first month’s premium:
Under 18: six percent;
Ages 18 to 25: 10 percent;
26 to 34: 15 percent;
35 to 44: 16 percent;
45 to 54: 23 percent;
55 to 64: 29 percent;
65 and older: 1 percent.