Larry Kocot Quoted in Article, “ObamaCare’s First Month: Disappointing, but Expected”

FOXBusiness

Larry Kocot, a Member of the Firm in the Health Care and Life Sciences practice, in the Washington, DC, office, was quoted in an article titled "ObamaCare's First Month: Disappointing, but Expected."

Following is an excerpt:

After weeks of speculation following the rocky debut of the Affordable Care Act's health insurance exchanges, the Department of Health and Human Services reported 106,185 Americans selected insurance plans from Oct. 1-Nov. 2. ?...

Analysts say the report is troubling because HHS is going against insurance industry standards by calculating "enrollees," as those who have selected plans but may or may not have paid their monthly premiums. According to Brookings Institution visiting fellow Larry Kocot, insurers only count people who have signed up and made a premium payment as enrollees. ?...

"This is not unexpected given the problems the administration has had with the website," Kocot says. "What is somewhat confusing is that the administration is defining the enrolled as people who have selected, but not yet paid for their premiums. I would be most interested in those who actually paid their premiums, as it would give a more complete picture," he says. ?...

The administration reaching its goal will largely rest on the website being up and running as soon as possible, Kocot says.

"It's possible they could make up those numbers, but every day that goes by where we don't have the pieces in place to ensure success means that reaching that seven million number becomes more of a stretch," he says.