by John Sexton, Breitbart:
Health insurance industry expert Bob Laszewski says between 70-85 percent of Obamacare “enrollees” have paid their first month’s premium. When insurers finally close their books he anticipates 10-20 percent will have their policies voided for failure to pay.
We’ve known for weeks that the enrollment figures offered by the Obama administration weren’t really enrollment figures. HHS counts anyone who placed a plan in their online shopping cart as enrolled even though insurance companies don’t count someone as enrolled until they pay their first premium. We also learned that those who don’t pay will have their applications voided and need to start the process over again. What we haven’t know is how many people would follow through and how many would be back to square one.
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