Larry Kocot Quoted in “ObamaCare Week 17: Warnings for Insurers, New Enrollment Stats.”FOXBusiness January 24, 2014
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 Week 17: Warnings for Insurers, New Enrollment Stats."
Following is an excerpt:
Larry Kocot, visiting fellow at the Brookings Institution, says continued issues with the website continue to weigh on the legislation's success. There are still no mechanism for the site to process forms that detail enrollee information and payments from the government to insurers to cover subsidies and cost-sharing plans.
"Moody's in an indicator that the finance people are watching the stability of the industry giving the instability of the market," he says. "And there is a level of concern that will and could possibly grow unless the market is stabilized." ?...
Kocot says the new figures are promising, but specific demographics and premium payment information remains unclear.
"How many of these people who submitted applications for enrollment actually paid?" Kocot says, noting the insurance industry considers consumers enrolled once they make their first month's payment. "Those are the numbers that people will be most interested in."