Wednesday, May 07, 2014

Insurers Plan To Debunk GOP's 'Rigged' Obamacare Study In Front Of Congress

TPM

Dennis Matheis, a vice president at WellPoint, one of the nation's largest insurers, plans to point out the payment percentage is much higher if you count only the payments that have actually come due, up to 90 percent:
The percentage of applicants that have paid a premium will differ depending on whether the percentage is calculated based on the total number of applications and premium payments received during this entire time period (roughly 70 percent) or is calculated based on the total number of applications and premium payments received for policies whose premium deadline has passed (ranging up to 90 percent depending on the state).
Paul Wingle, an executive at Aetna, plans to make the same point, estimating his company's customers are paying at better-than-80-percent clip:
For those who had reached their payment due date, the payment rate, though dynamic, has been in the low- to mid-80 percent range.
A third industry witness, J. Darren Rodgers of Health Care Services Corp., plans to stress that the last segment of payment data "is not yet complete given that deadlines for all of those policies may not yet have passed."

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