Insurers say most ACA customers paid first premiums

Published Updated 3 Min Read

(Bloomberg) — Three large health insurers including WellPoint Inc. and Aetna Inc. say that a high percentage of their new Obamacare customers are paying their first premiums, undermining a Republican criticism of enrollment in the program.

As many as 90% of WellPoint customers have paid their first premium by its due date, according to testimony the company prepared for a congressional hearing today. For Aetna, the payment is in the “low to mid-80%range,” the company said in its own testimony. Health Care Service Corp., which operates Blue Cross Blue Shield plans in five states including Texas, said that number is at least 83%.


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