Is this the law of intended consequences?
A recent survey conducted by McKinsey & Company estimated that only 53 percent of previously uninsured enrollees had paid their premiums, while 86 percent of previously insured individuals had paid theirs. According to Forbes, “Georgia Insurance Commissioner Ralph Hudgens said that insurance companies participating in the ACA exchanges in his state have received payment from only about half of those who applied for coverage. Georgia insurers received more than 220,000 applications for health coverage, but premiums had been paid for only 107,581 of those policies by the end of March.” So who is then left covering the tab during the grace period? Doctors. Read more at bankruptingamerica.org.
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