Ok, one quick update: 83-90% QHPs paid, say 3 major insurers
Submitted by Charles Gaba on Wednesday, May 7, 2014 - 2:03am.
Hat Tip To:
As many as 90 percent of WellPoint customers have paid their first premium by its due date, according to testimony the company prepared for a congressional hearing today. For Aetna, the payment is in the “low to mid-80 percent range,” the company said in its own testimony. Health Care Service Corp., which operates Blue Cross Blue Shield plans in five states including Texas, said that number is at least 83 percent.
Oh, yeah...and regarding that absurd "67%" Republican House committee report from last week, I'm not the only one who knew it was a big pile of crap:
“That was just foolishness on the part of the committee to even publish that number because it was completely out of context,” Bob Laszewski, an insurance industry consultant in Alexandria, Virginia, said in a phone interview.
Reminder: My estimate has always been around 93% as of late May.