The business channel reported that only 126,000 have actually paid deposits and the rest are either subsidized or putting off payments already. The White House is in a bind because people that haven't paid because they think it's all free may not really have insurance. So, they have asked insurance companies that receive these applications to treat the people making claims as if they do have insurance and trust the government to get them paid.
This catastrophe has only just begun.
Exactly!
Obama has traded millions who WERE paying premiums for
very few that are and will.
I don’t see how insurance companies survive this.
Lose millions of customers who paid their premiums
for a 100,000 iffy payers?