Democrats are saying that 3 million people have signed up for Obamacare, but how many have acutally paid a premium? Several state exchanges have begun reporting the number of customers that did pay their first premiums, and some results are as low as 51%. And we have the Obama Administration defining HealthCare.gov enrollees as those who have simply selected plans, but not paid. If the limited data available plays out for more states, actual enrollment could be much lower than the three million private insurance signups currently claimed.
Monday is the deadline for Americans to sign up for healthcare coverage for individual health plans that take effect Jan. 1 will have until Jan. 10 to make their first payment. But to be safe, healthcare advocates recommend people make their first payment by Dec. 31. America’s Health Insurance Plans, the industry’s largest trade group, say its members will give consumers until Jan. 10 to pay their January premium, provided they choose a plan by the Monday night deadline.
In an October 16 memorandum, which was prepared by the Congressional Research Service, (CRS), for the Senate Budget Committee, the federal government spent $746 billion on means-tested welfare programs in 2011. According to the Census Bureau, this breaks down to 16.8 million households that were living in poverty, so if the government were to give them all money, in 2011, it would be about $44,000 on average.