Friday, December 13, 2013

Report: Insurers fear they’ll have a net loss in enrollments for the year on December 31 « Hot Air

Report: Insurers fear they’ll have a net loss in enrollments for the year on December 31 « Hot Air: "A week ago, Politico called this the worst-case scenario for ObamaCare. The odds were slim, they assured us, but not quite zero that the magical combo of millions of cancellations, endless exchange “glitches,” and panicky half-assed logistical complications designed to “fix” the problem would mean fewer insured Americans at the end of 2013 than existed at the start of the year. It was unlikely, claimed Politico, because the four or five million whose plans have been canceled had alternate routes to enrollment that didn’t involve Healthcare.gov. They could enroll directly with their current insurer in a new plan (although not if they wanted a subsidy, which are available exclusively on the exchanges) or they might even be automatically enrolled in a plan by their insurer in the interest of preventing a lapse of coverage. But it was, in fact, possible that the first week of January would bring news that ObamaCare had actually made the problem it purported to solve worse. That’s the worst-case scenario. It’d be a PR catastrophe."

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