Remember: if they haven’t paid, they aren’t insured.
Georgia’s Insurance Commissioner, Ralph Hudgens, has released some devastating information about the number of people who actually paid their first month’s premiums in his state:
Georgia insurers received more than 220,000 applications for health coverage in the Affordable Care Act’s exchange as of the official federal deadline of March 31, state officials said Wednesday.
Insurance Commissioner Ralph Hudgens, though, said premiums have been received for only 107,581 of those policies, which cover 149,465 people.
“Many Georgians completed the application process by the deadline, but have yet to pay for the coverage,” Hudgens said in a statement Wednesday.
Yes. Less than half of the people who have signed up on Georgia’s exchange or who sent in an insurance application, haven’t actually paid their first month’s premiums. Less than half!
But who didn’t see this coming?
If the sign-up versus nonpayment numbers coming out of Georgia are an early indicator of what Obamacare’s actual enrollment to payment numbers are, we might be looking at less than half of that 7 million people the Obama White House keeps touting that have actually paid.
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