Obamacare Enrollment Outpacing Last Year With 8M Sign-Ups

December 23, 2015 by staff 

Obamacare Enrollment Outpacing Last Year With 8M Sign-Ups
, More than 8 million people signed up for coverage via the federal health insurance exchange marketplace as of Saturday, Health and Human Services Secretary Sylvia Burwell said Tuesday.

On Friday, President Barack Obama announced that enrollment had reached 6 million after this month’s deadline for policies that will be in force on New Year’s Day. Burwell’s revised tally, delivered during a conference call with enrollment workers, includes millions of people whose current plans have been automatically renewed . The final deadline for obtaining 2016 coverage is Jan. 31.

The Department of Health and Human Services predicted modest growth in the health insurance exchanges during this, the third Obamacare open enrollment campaign, but appear to be on track with or even surpassing their own internal projections of 10 million exchange customers in 2016. According to figures from Burwell and the Centers for Medicare and Medicaid Services, sign-ups are outpacing 2015′s so far, and more young people are participating.

“Today, we have more sign-ups, more new enrollees and a younger population than we did last year,” Burwell said on the conference call.

The Centers for Medicare and Medicaid Services disclosed almost 8.3 million enrollments via the system serving more than 30 states , 29 percent of which are new to the exchanges. This total doesn’t include sign-ups in states with their own exchanges, such as California and New York , some of which are still accepting enrollments for January coverage.

“Millions more have been signed up or been re-enrolled in state-based marketplaces in addition to that,” Burwell said.

As of last year’s deadline for Jan. 1 coverage, 6.4 million people had enrolled through the federal exchanges, almost 2 million fewer than during the same period this year. New customers are signing up at a faster pace, with 2.4 million enrollees joining the federal marketplaces so far, one-third more than a year ago. Following Obama’s announcement, federal officials said activity on the exchanges ahead of the Dec. 17 deadline for January coverage was unprecedented.

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