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Started By
Message
Obamacare Enrollment Shrinking
Posted on 8/11/14 at 11:04 pm
Posted on 8/11/14 at 11:04 pm
quote:
The nation's third-largest health insurer had 720,000 people sign up for exchange coverage as of May 20, a spokesman confirmed to IBD. At the end of June, it had fewer than 600,000 paying customers. Aetna expects that to fall to "just over 500,000" by the end of the year.
LINK
7
Posted on 8/11/14 at 11:21 pm to the808bass
Posted on 8/11/14 at 11:24 pm to the808bass
Of course it is shrinking. Enrollment ended several months ago and no new folks can enroll until November. Because of this it can only go down until November.
Posted on 8/11/14 at 11:25 pm to Eurocat
quote:
Of course it is shrinking. Enrollment ended several months ago and no new folks can enroll until November. Because of this it can only go down until November.
man, the number of paying customers is decreasing, not new enrollments.
But good spin
Posted on 8/11/14 at 11:27 pm to CptBengal
It was designed to fail so that it could be replaced with a single party payer.
Its doing what it was designed to do
Its doing what it was designed to do
Posted on 8/11/14 at 11:29 pm to CptBengal
If new enrollees were allowed to enroll now the shrinkage would be less, maybe even non-existant.
Posted on 8/11/14 at 11:31 pm to Eurocat
Why would there be shrinkage? If it was worth a shite then people wouldn't drop out after only a few months of having insurance.
Posted on 8/11/14 at 11:34 pm to Eurocat
quote:
If new enrollees were allowed to enroll now the shrinkage would be less, maybe even non-existant.
1). New enrollees are allowed with a qualifying event.
2). No, it wouldn't even with open enrollment. You're seeing 10%-25% drops in the insurers surveyed. Open enrollment wouldn't catch that.
Posted on 8/11/14 at 11:41 pm to the808bass
1. Few have such events.
2. I think 25% could be reached if enrollment were open now.
2. I think 25% could be reached if enrollment were open now.
Posted on 8/11/14 at 11:45 pm to deltaland
Who says people are dropping out?
1. Some are dropping out.
2. Some are former jobless getting jobs so they no longer need their Obamacare policies. Technically they too are "dropping out" but in a good way.
3. Some are dying.
4. Some are emigrating.
5. Some are reaching the age when you qualify for Medicare.
6. Some are reaching age 27, the age when a youth gets tossed from his parents policy under Obamacare.
7. Some are joinging the federal work force where their needs are taken care of by the gvt.
1. Some are dropping out.
2. Some are former jobless getting jobs so they no longer need their Obamacare policies. Technically they too are "dropping out" but in a good way.
3. Some are dying.
4. Some are emigrating.
5. Some are reaching the age when you qualify for Medicare.
6. Some are reaching age 27, the age when a youth gets tossed from his parents policy under Obamacare.
7. Some are joinging the federal work force where their needs are taken care of by the gvt.
Posted on 8/12/14 at 12:05 am to Eurocat
quote:
1. Few have such events. 2. I think 25% could be reached if enrollment were open now.
Qualifying events include: job change, including unemployment, marriage, divorce, death, birth. But yeah. No one has any of those.
As to number 2, what is the basis for your claim? We had anemic enrollment for months of a run up to the start of Obamacare but now we'll see 20% of enrollment enroll going forward? Doubtful.
Posted on 8/12/14 at 12:09 am to the808bass
Still well short of the needed 7 million it seems.
Edit after further review I am mistaken please disregard the above message.
Edit after further review I am mistaken please disregard the above message.
This post was edited on 8/12/14 at 12:13 am
Posted on 8/12/14 at 12:11 am to Eurocat
Why am I not surprised that a person with "Euro" in their username is a rabid statist?
Posted on 8/12/14 at 12:55 am to MoreOrLes
quote:
It was designed to fail
The republicans either want single payer or aren't bright enough to realize it.
Posted on 8/12/14 at 1:10 am to inelishaitrust
Wat?
Posted on 8/12/14 at 1:42 am to the808bass
Interesting article. This same CEO already predicted back in April of this year, that Aetna would have about 450,000 paying customers by the end of the year LINK.
A lot of useless spin here by this author, Jed Graham. Check out his last 5 columns. Looks like he has an agenda.
Who doesnt
A lot of useless spin here by this author, Jed Graham. Check out his last 5 columns. Looks like he has an agenda.
Who doesnt
This post was edited on 8/12/14 at 1:44 am
Posted on 8/12/14 at 6:50 am to Eurocat
quote:
Of course it is shrinking. Enrollment ended several months ago and no new folks can enroll until November. Because of this it can only go down until November.
The number of enrolled hasn't shrunk. The number of paying customers have. You can't assume that the number of paying customers would increase or remain static even if enrollment were open all year. Get it?
Posted on 8/12/14 at 6:52 am to the808bass
quote:
Obamacare Enrollment Shrinking
I don't think this is true unless non paying customers have been dropped off the rolls.
Posted on 8/12/14 at 6:57 am to EthanL
quote:
useless spin
So the government also predicted that this would happen or just Aetna? I'm not sure how it's spin to point out that an anemic enrollment coupled with a lack of people paying the premiums on their super affordable and awesome new insurance has led to really poor showing for the debut of Obamacare.
Posted on 8/12/14 at 7:04 am to Eurocat
quote:
Who says people are dropping out?
1. Some are dropping out.
2. Some are former jobless getting jobs so they no longer need their Obamacare policies. Technically they too are "dropping out" but in a good way.
3. Some are dying.
4. Some are emigrating.
5. Some are reaching the age when you qualify for Medicare.
6. Some are reaching age 27, the age when a youth gets tossed from his parents policy under Obamacare.
7. Some are joinging the federal work force where their needs are taken care of by the gvt.
That is fricking funny, I don't care who you are.
I don't know you, but you have issues friend. Do you see that you are admitting it is failing? They haven't reached the #s needed to sustain the program and now the amount of paying customers is shrinking even more.
quote:
4. Some are emigrating.
Huh?
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