Wednesday, June 4, 2014

Considering Two Million Signed Up / Paid First Premium, This Is Probably Not Good News

The US Labor Department is reporting: it appears that of the approximately two million who signed up for ObamaCare AND paid their first month's premium, it looks like approximately two million of them provided inadequate information during the signing-in process.
More than 2 million people who got health insurance under President Obama's law have data discrepancies that could jeopardize coverage for some, a government document shows. 
About 1 in 4 people who signed up have discrepancies, creating a huge paperwork jam for the feds and exposing some consumers to repayment demands, or possibly even loss of coverage, if they got too generous a subsidy. 
The 7-page slide presentation from the Health and Human Services department was provided to The Associated Press as several congressional committees are actively investigating the discrepancies, most of which involve important details on income, citizenship and immigration status.
It should be noted that no one really knows how many have "new" ObamaCare enrollees have actually paid their first month's premium, but based on statistical analysis one could probably assume about one in four have.

And folks think the VA system is in a shambles; the President has been focused on that trainwreck ever since he was a junior senator.

No comments:

Post a Comment