8.2 million people signed up for health insurance through the HealthCare.gov website this year. That is up almost two million people from a year ago.
Some 71% of the site’s enrollees—around 5.8 million—had coverage renewed, and 29%—or about 2.4 million—had been first-time buyers, Health & Human Services said.
The Obama administration has set a modest goal for this enrollment season, hoping to have 10 million people still enrolled and fully paid up on their coverage at the end of 2016 across HealthCare.gov and the state equivalents. The figures released Tuesday show the administration is on track to meeting that goal.
The coveted ‘under 35’ demographic also saw an increase in signup numbers. According to CNBC, the federal health insurance marketplace “has seen a sharp increase in younger people signing up for coverage in 2016 compared to the same time last year, which could greatly help strengthen the financial health of insurance plans in Obamacare’s third enrollment season.”
Bloomberg put together a short video on this year’s signups. Click here or below to watch it.
While an ABC News story said the numbers report is upbeat, it also said the 2015 increase – “may not dispel questions about the long-term future of the health insurance markets created under Obama’s 2010 overhaul. Premiums have been going up and getting new sign-ups remains a challenge.”
Share your thoughts on this new report and whether you think the Affordable Care Act is headed in the right direction. We also want to wish you and yours a fabulous holiday weekend! Get plenty of rest because we have a lot of work ahead in 2016 in order to make Arizona the Healthiest State in the Nation!