Figures show subsidies driving Obamacare enrollment in Georgia
by Don McKee
April 18, 2014 12:32 AM | 2679 views | 4 4 comments | 43 43 recommendations | email to a friend | print
Georgia enrollment figures for Obamacare show that federal subsidies are playing a major role.

A whopping 70 percent of the people whose premiums were paid by the original March 31 deadline will get a federal subsidy, says state Insurance Commissioner Ralph Hudgens. In a news release, he broke down the numbers from a survey of the five health insurers doing business in Georgia through the federal healthcare marketplace.

The insurers received 221,604 applications for policies. But premiums were received for only 107,581 of the policies ­­­— or 48.5 percent — covering 149,465 lives. Of those insured persons, approximately 104,242 — or 69.7 percent — “will be insured by policies which will receive a federal subsidy,” Commissioner Hudgens said.

Even if all the applicants wind up paying premiums and being covered, the total is little more than one-half the 400,000 Georgians the insurance department has estimated could lose their health care policies because they did not meet Obamacare mandates. There are no figures on how many have lost policies and obtained new ones either from private insurers or through the federal exchange.

But national surveys show what is happening. Only 27 percent of those signing up for coverage on the individual marketplace were previously uninsured, according to a survey by McKinsey. Another finding: Only 53 percent of previously uninsured individuals who enrolled on exchanges had paid their premiums — versus 86 percent of those who were previously insured. A survey by RAND Corporation indicated similar percentages.

That is not how Obamacare was supposed to work. It purportedly would provide coverage for the uninsured. The Congressional Budget Office originally estimated that by far the majority of people eligible for subsidies would be previously uninsured. However, the vast majority of people getting coverage under the law were previously insured — many of them getting a better deal with subsidies they now qualify for. But young people face higher premiums and rate hikes — making the “affordable” health care law a bad joke. McKinsey found that “affordability” was the main reason people gave for not signing up under Obamacare.

Meanwhile, the deadline for enrollment is a moving target with the Obama administration deciding before March 31 to give extra time to people who say that were unable to enroll by that date. The Washington Post reported that federal officials said all consumers who had begun to apply on the government website but did not finish by the deadline would “have until about mid-April to ask for an extension.” No specific date was given.

Under the new rules, which change at the whim of the president, people can qualify for an extension simply by checking a box on indicating they attempted to enroll before the deadline. “This method,” the Post said, “will rely on an honor system; the government will not try to determine whether the person is telling the truth.” Indeed, the purpose is to sign up people, never mind the truth.

As in: “If you like your health care plan, you can keep it.”

Comments-icon Post a Comment
Yup sure Foley
April 18, 2014
OK Foley, we will see how your faulted logic holds up this November when Obummercare is made center topic in the elections. Even your Dimocreep strategist David Axelrod predicts a ten or more seat gain in the Senate for the Repubs and a 30 seat gain in the House. Oblunder's veto of the XL piple line today has sealed the fate of dozens of Dimocreeps running for reelection, once again demonstrating his selfish self centered divisive politics.
just saying
April 22, 2014
Obummercare, Dimocreep's, Oblunder this post was obviously written by a six year old. Why aren't you doing your homework?
Kevin Foley
April 18, 2014
Hudgens is not to be trusted on anything he says about Obamacare. He publically declared he is out to obstruct its implementation, so he is not an honest broker.

Of course people are signing up to get lower premiums through subsidies. That was the whole idea. Some eight million Americans now have health insurance as a result. The argument that they were "previously insured" is a red herring. How many were dropped from their coverage because they got sick or injured? How many with pre-existing conditions now have coverage because of Obamacare?

This fight is over. Obamacare is here to stay.
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