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Obamacare enrollment nearly 3.3 million
http://www.cnbc.com/id/101411783?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=101411783|Obamacare%20enrollment%20almo
Young adults are increasingly signing up for Obamacare health insurance plans, officials said Wednesday as they revealed nearly 3.3 million people of all ages had enrolled as of Feb. 1.
"It's very encouraging news," said US Health and Human Services Secretary Kathleen Sebelius about the overall enrollment data.
"These encouraging trends show that more Americans are enrolling every day and finding quality, affordable coverage in the marketplace," Sebelius said.
Open enrollment in Obamacare closes March 31.
A spokeswoman for Sebelius on Wednesday firmly said "No" when asked if HHS has considered extending open enrollment past that deadline, which is also the date by which most Americans must have some form of health insurance or face a tax penalty of up 1 percent of their income next year.
Sebelius said the percentage of enrollees who were between the ages of 18 and 34 grew by by 3 percentage points, to 27 percent, in the month of January over the prior three months, outpacing all other age groups.
The share of young adults among Obamacare enrollees is now 25 percent, compared to 24 percent by the end of December. That is still well still below the 40 percentage target some insurance experts said is necessary to hit to adequately offset the costs from older, sicker enrollees.
A total of 3,299,492 had enrolled in Obamacare plans between Oct. 1, the opening of enrollment, and Feb. 1, according to HHS.
January's total enrollment was 1.1 million people. That month's tally represented a sharp drop from December's tally of nearly 1.79 million, but was slightly above what had been originally projected for January's enrollment by the Congressional Budget Office.
CNBC's own tally of Obamacare enrollment, which also takes into account data reported this month by various states, reveals that 3,445,895 people had enrolled in plans nationally as Wednesday.
Sebelius noted that a total of 9.6 million people have either enrolled in Obamacare private plans or been qualified for government-run Medicaid health coverage since Oct. 1. Another 3 million or so people under age 26 are covered by the parents' insurance plans, which is another feature of President Obama's Affordable Care Act.
Sebelius's spokeswoman, Julie Bataille, said HHS does not have data on what percentage of people have actually paid for the Obamacare plans they have selected. If people don't pay for their plans, their insurance will lapse, thus driving down enrollment totals.
Bataille also did not have data on what percentage of people who have enrolled were previously uninsured. Obamacare critics have suggested that a significant number of enrollees are people who were previously insured by individual plans, many of which were cancelled or failed to comply with minimum standards set by the Affordable Care Act.
Young adults are increasingly signing up for Obamacare health insurance plans, officials said Wednesday as they revealed nearly 3.3 million people of all ages had enrolled as of Feb. 1.
"It's very encouraging news," said US Health and Human Services Secretary Kathleen Sebelius about the overall enrollment data.
"These encouraging trends show that more Americans are enrolling every day and finding quality, affordable coverage in the marketplace," Sebelius said.
Open enrollment in Obamacare closes March 31.
A spokeswoman for Sebelius on Wednesday firmly said "No" when asked if HHS has considered extending open enrollment past that deadline, which is also the date by which most Americans must have some form of health insurance or face a tax penalty of up 1 percent of their income next year.
Sebelius said the percentage of enrollees who were between the ages of 18 and 34 grew by by 3 percentage points, to 27 percent, in the month of January over the prior three months, outpacing all other age groups.
The share of young adults among Obamacare enrollees is now 25 percent, compared to 24 percent by the end of December. That is still well still below the 40 percentage target some insurance experts said is necessary to hit to adequately offset the costs from older, sicker enrollees.
A total of 3,299,492 had enrolled in Obamacare plans between Oct. 1, the opening of enrollment, and Feb. 1, according to HHS.
January's total enrollment was 1.1 million people. That month's tally represented a sharp drop from December's tally of nearly 1.79 million, but was slightly above what had been originally projected for January's enrollment by the Congressional Budget Office.
CNBC's own tally of Obamacare enrollment, which also takes into account data reported this month by various states, reveals that 3,445,895 people had enrolled in plans nationally as Wednesday.
Sebelius noted that a total of 9.6 million people have either enrolled in Obamacare private plans or been qualified for government-run Medicaid health coverage since Oct. 1. Another 3 million or so people under age 26 are covered by the parents' insurance plans, which is another feature of President Obama's Affordable Care Act.
Sebelius's spokeswoman, Julie Bataille, said HHS does not have data on what percentage of people have actually paid for the Obamacare plans they have selected. If people don't pay for their plans, their insurance will lapse, thus driving down enrollment totals.
Bataille also did not have data on what percentage of people who have enrolled were previously uninsured. Obamacare critics have suggested that a significant number of enrollees are people who were previously insured by individual plans, many of which were cancelled or failed to comply with minimum standards set by the Affordable Care Act.
Doubling Down on Obamacare
http://mag.newsweek.com/2014/02/07/vermont-obamacare-cgi-federal.html
http://mag.newsweek.com/2014/02/07/vermont-obamacare-cgi-federal.html
Lame duck President.... his crew will stick by him.
I hate to be so pessimistic but I would hold back on the Ticker Tape for now.
“Sebelius's spokeswoman, Julie Bataille, said HHS does not have data on what percentage of people have actually paid for the Obamacare plans they have selected. If people don't pay for their plans, their insurance will lapse, thus driving down enrollment totals.”
“ Open enrollment in Obamacare closes March 31.
A spokeswoman for Sebelius on Wednesday firmly said "No" when asked if HHS has considered extending open enrollment past that deadline, which is also the date by which most Americans must have some form of health insurance or face a tax penalty of up 1 percent of their income next year.”
We are in the middle of Tax Season. With the Government acting like a Gangster Mob, using The IRS as their Enforcers, we should expect an increase in enrollment and it will probably have a major increase at the end of March. Their could be a Tsunami of people enrolling to beat the deadline, collecting the money may be a whole other issue.
On another note, mid-term elections are coming up. If The Administration wants to maintain control of the Senate I suggest dropping the deception. With the biggest Lie of 2013 hanging over the President’s head and the Obamacare numbers clearly deceptive, people are getting weary. Even MSNBC was talking about how many Candidates are distancing themselves from the President.
I think at this point “Honesty just may be the Best Policy”. It’s better to produce bad news than be caught in a lie.
“Sebelius's spokeswoman, Julie Bataille, said HHS does not have data on what percentage of people have actually paid for the Obamacare plans they have selected. If people don't pay for their plans, their insurance will lapse, thus driving down enrollment totals.”
“ Open enrollment in Obamacare closes March 31.
A spokeswoman for Sebelius on Wednesday firmly said "No" when asked if HHS has considered extending open enrollment past that deadline, which is also the date by which most Americans must have some form of health insurance or face a tax penalty of up 1 percent of their income next year.”
We are in the middle of Tax Season. With the Government acting like a Gangster Mob, using The IRS as their Enforcers, we should expect an increase in enrollment and it will probably have a major increase at the end of March. Their could be a Tsunami of people enrolling to beat the deadline, collecting the money may be a whole other issue.
On another note, mid-term elections are coming up. If The Administration wants to maintain control of the Senate I suggest dropping the deception. With the biggest Lie of 2013 hanging over the President’s head and the Obamacare numbers clearly deceptive, people are getting weary. Even MSNBC was talking about how many Candidates are distancing themselves from the President.
I think at this point “Honesty just may be the Best Policy”. It’s better to produce bad news than be caught in a lie.
The guesstimate from a small survey is 20+% have yet to pay for it. So you are looking at over 600,000 people. So enrollment is less then 3 million. And the estimate is 48 million are uninsured. Yeah not doing to well are we when you look at some true numbers.
3.3 million...that is including all of the people who have not even paid. How can you count them?
Inflated numbers...still a disaster.
Inflated numbers...still a disaster.
I believe its less than 1% of the nation. I think it is way too early to make any kind of a determination on how well/bad this thing really is.
What percentage is that of the nation?
I'm surprised more people aren't getting on board faster.
Let's hope that people didn't just hit select and then default on payment as mentioned!!
Jury is still out if it is a horror show or not. Really not that much has happened yet to tell other than a lot of negatives initially that maybe are running a little more smoothly now. But whether it is a raging success or dramatic fail, we won't know for a while.
I'm surprised more people aren't getting on board faster.
Let's hope that people didn't just hit select and then default on payment as mentioned!!
Jury is still out if it is a horror show or not. Really not that much has happened yet to tell other than a lot of negatives initially that maybe are running a little more smoothly now. But whether it is a raging success or dramatic fail, we won't know for a while.
3.3M and counting...So much for what a horror show the ACA is huh?!..
Remember, "Open enrollment in Obamacare closes March 31."...
Remember, "Open enrollment in Obamacare closes March 31."...
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