Another Obamacare Attack Debunked

Sam Baker: “Health insurance companies say the number of people who paid their Obamacare premiums will be higher than House Republicans implied.”

“The House Energy and Commerce Committee said last week that, based on information it received from insurers, only 67 percent of people who signed up for private coverage through Obamacare’s exchanges had gone on to pay their first month’s premium.”

“Energy and Commerce’s figure included people who signed up for coverage but whose first premium hadn’t come due at the time of the committee’s inquiry. And that’s a lot of people.”

“Wellpoint, the largest insurer in the Obamacare exchanges, said the payment rate is closer to 90 percent among people who reached their first payment deadline.”

“The committee’s 67 percent figure will remain true only if none of those people make their first payment. And that seems unlikely: Insurers said their 80 percent to 90 percent payment rate was consistent across all six months of the open-enrollment period.”

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