More Than 4.2 Million People Have Now Enrolled In Obamacare
Last edited Tue Mar 11, 2014, 05:13 PM - Edit history (1)
Source: Huffington Post
More than 4.2 million people enrolled into private plans via Obamacare's health insurance exchange marketplaces through March 1, the Department of Health and Human Services announced in a report Tuesday.
The first open enrollment period on the exchanges, which are intended for individuals and families who don't get health benefits at work and aren't covered by government health care programs, ends March 31 for private coverage that will be in effect this year. At the current pace, sign-ups are below the original target of 5.6 million by the end of February, based on the Congressional Budget Office projection of 7 million by the end of March. Last month, the budget office downgraded those projections to 6 million total for the full six-month enrollment period, so a big surge would be needed in the final weeks to meet that benchmark.
One-quarter of the enrollments up to March 1 were for individuals between the ages of 18 and 34. This demographic is considered critical to the long-term viability of the state-based health insurance exchanges because they are presumed to be healthier and thus less likely to incur costly medical bills than the older people in the market. The White House originally aimed for about 40 percent of the enrollees to be younger than 35 years old.
Read more: http://www.huffingtonpost.com/2014/03/11/obamacare-enrollment_n_4943482.html
I was waiting for one of the regulars here to post it, but it just sat there on HuffPo for over 15 minutes, so.....
