More than two million people have signed up for ACA coverage

More than two million people have signed up for ACA coverage

(HealthDay)—Nearly 2.2 million Americans had selected health plans through the federal and state marketplaces as of late December, and nearly one in four was a young adult, the Obama administration disclosed Monday.

"The numbers show that there is a very strong national demand for made possible by the Affordable Care Act," Health and Human Services Secretary Kathleen Sebelius said during a news conference Monday afternoon. "More than six million Americans have now either signed up for private health insurance plans or for Medicaid coverage through the marketplace," she said.

Twenty-four percent of people who chose a plan were in the key 18-to-34-year-old demographic. Attracting enough young adults to the mix should keep health insurance rates more affordable, experts say. Young people tend to be healthier, helping to offset the risk of covering older, sicker adults. "For the 18-34 age band, we would want at least 32 percent of the adult sign-ups [people ages 18 to 64] to be in that category," David Axene, president and consulting actuary at Axene Health Partners, of Murrieta, Calif. told HealthDay. "Materially less than that leads to subsidy concerns," he added.

Sebelius highlighted a rosier statistic during Monday's news conference, noting that 30 percent of enrollees were under age 35. But that figure includes people 17 and younger who are not yet considered adults.

More information: Full Article

Related Stories

Obama symbolically signs up for Obamacare

date Dec 23, 2013

US President Barack Obama has symbolically signed up for health insurance to promote his own controversial health care reform legislation, a White House official said Monday.

Recommended for you

Europe's police crack massive horsemeat tracking ring

date 2 hours ago

Police from seven European countries detained 26 people and seized hundreds of horse passports in a crackdown against a Europe-wide horsemeat trafficking ring, the EU's judicial agency Eurojust said Saturday.

Text messaging useful for reaching 'at-risk' teens about sex

date 23 hours ago

Text messaging that connects teens with sexual health educators is effective for delivering sexual health information, according to a recent study in The Edward R. Murrow College of Communication at Washington State University.The ...

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.