Quote:
Originally Posted by RandyRandy
I don't think that 7 million sign-ups, however pathetic that may be, is the important number. Why isn't anyone mentioning that less than a million have actually paid a premium so far.
This is not sustainable in any way, shape or form.
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Estimates are that 80% of the 7 million have actually paid. However only 1/3 of the 7 million were people previously without insurance. And of that 1/3, just over 50% of them have actually paid their premiums. Which would leave roughly 1 million previously uninsured signed up.
They also estimate currently that between 5-8% of people that paid the first month, did not pay the 2nd month.
Of course until the White House puts out detailed records of all this, its all estimates based on polling of the various insurance companies.