Obamacare Applicants Failing To Pay Premiums: Are Signup Numbers Real?

While it is a little ironic to hear insurance companies bitch about not making enough money, nevertheless having up to 1/3 of all applicants not paying for their Obamacare policies is definitely a bad sign for the health and success of Obama's health insurance scheme.
If you’re going to read anything on Valentine’s Day, you’ve got to read this poison love note sent by the New York Times to Barack Obama and his Obamacare insurance scheme.

Seems as though there’s a little problem with all the rosy Obamacare signup numbers. They aren’t reliable. Why? Because a LOT of people are failing to pay for their policies.

So the Times reports today in a story that raises serious questions about the accuracy or meaning of the alleged signup totals for Obamacare.

Aetna's CEO, Mark Bertolini, reportedly revealed that the insurer had only received payment for 67.5% of the 200,000 Obamacare applications the company had received.

Another insurer, Wellpoint, which had collected 500,000 applications, reported that 120,000 of those (24%) had failed to pay their first premiums on time to complete the signup.

The Times story notes one embarrassing success story for Obamacare, in Minnesota. Blue Cross and Blue Shield of Minnesota made an effort to individually contact applicants to remind them to pay. But that was only feasible because:
“The Minnesota exchange’s website had problems that kept enrollment well below expectations. The federal government reported this week that fewer than 30,000 people had signed up for private health plans on the Minnesota exchange from October through January."
Why is this happening?

Aetna's CEO has an interesting theory:
"I think people are enrolling in multiple places. They are shopping. And what happens is that they never really get back on HealthCare.gov to disenroll from plans they prior enrolled in."
If that is really the explanation for the large payment failures, it means the Obamacare enrollment numbers are being greatly exaggerated.

One thing is clear—even four and half months after Obamacare's disastrous debut, the one place where you cannot go to get any clear answers is from Barack Obama and his Obamacare managers.

The Times reports something that almost does not need any longer to be said:
"Obama administration officials said they did not know how many people signing up for coverage had paid their premiums because the government had not finished building the 'back end' of the computer systems needed to pay insurers."

In another cheery story for Obamacare advocates, the Times reported that in California, described as "crucial" to the success of Obamacare, the state insurances exchanges are failing to sign up Hispanic uninsured people.

The Times quotes the head of California's insurance exchange system:
"For the Affordable Care Act to work, everyone needs to get in. If we’re relatively unsuccessful with a major segment of who should be getting insured, that would undoubtedly mean that we’re unsuccessful with the entire enterprise."
"Enrollment of Latinos has fallen strikingly below the hopes of the law’s proponents, accounting for 20 percent or fewer of those who had signed up on the [California] state-run health insurance exchange by the end of December."
The problem, being reported nationally as Hispanics across the USA are not responding to calls to sign up for Obamacare, seems to be twofold: language (many Hispanics require Spanish), and trust—many Hispanics view the government as lurking about with its forms and programs, seeking to obtain enough information to deport them.

This issue of trust is really the big problem with Obamacare, regardless of ethnicity. Barack Obama's team has let the USA down way too many times on the implementation of this supposedly critical program. And once trust is lost, it is difficult to regain it—and rightly so.

Nobody expected or demanded that Obamacare be administered without a hitch, or a glitch. But, from the beginning, it seems Obama has counted more on the appearance of getting health insurance to all Americans, rather than figuring out how to actually do it. The track record so far of Obama's administration in dealing honestly with the public about what is going on with the front end, the back end, or any good ending at all, with Obamacare, is poor to say the least.