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Obamacare tops 6 million signups as people race to get coverage

Obamacare website hits reset on user passwords

NEW YORK (CNNMoney) — More than 6 million people have signed up for Obamacare, as a crush of people raced to get health insurance before the March 31 deadline.

President Obama announced the milestone Thursday in a call with enrollment counselors and outreach volunteers, who are undertaking an intense marketing drive in the final days of open enrollment. There were more than 1.5 million visits to HealthCare.gov and more than 430,000 calls to the call centers on Wednesday.

Those who’ve started the application by next Monday but are unable to finish because of technical issues will receive more time to complete the process, officials have said.

Reaching 6 million is a symbolic victory for the Obama administration following the botched launch in October.

It is short of the initial goal of 7 million, which was based on a projection by the Congressional Budget Office and adopted by the administration. But it shows considerable gains from the first month when just 106,000 people had signed up.

Last month, the CBO revised its projection down to 6 million because of the rocky initial rollout.

But just how many people fully enroll in the program this year remains to be seen. The latest figures reflect those picking plans, not paying their premiums. Only those who pay their first month’s premium are considered enrolled, while those who don’t pay have their policy selections canceled.

Insurers have said that the share of people sending in payments is in the 80% range.

Also, the total number of enrollees nationwide is not that important a number, experts have said. What’s more critical is whether enrollment meets each insurer’s expectations since that’s what will determine premiums for next year. Insurers are looking at both how many people pick their policies and how many claims they file.

Many experts are watching the share of young adults picking plans since they are considered healthier and less costly than older enrollees. Some 25% of those signing up are between ages 18 to 34, as of the end of February, the latest figures available. The White House and independent experts had forecast about 40% would be young adults.

8 comments

  • manalishi

    Whatever happened to the 35 million in need? Remember the SOTU address? Testimony to the fact that democrats blow as a collective effort. I suspect that a mass group of underdeveloped people will champion this as a success. BS as a cultural foundation.

  • Bubba Ramadan

    Affordable my butt. More than my wife’s car payment AND insurance. I’m better off paying $70/week to add myself to my wife’s crappy insurance. At least then the lights will stay on at home.

  • athynz

    So 6 million out of the 35 million that were in need of this. Wow. Obamacare is a huge success. Really. Thanks for lying about us saving money on our health insurance, thanks for lying about us being able to keep our plans if we wanted to, thanks for lying about – well everything since you took office Mr. President. You’ve simply reaffirmed that politicians – liberal progressive ones in particular – cannot ever be trusted.

    • David

      Wah. wah, wah loser. Too bad you and roger manalishi never learned to read, or to care about anyone but yourselves. If the world depended on either of you for progress we’d be a society living in caves.

      • manalishi

        Not quite David Duke. As for myself, I just do not like taking care of your mother and her viral infected offspring. It’s long overdue for your sloth subculture to pull it’s own weight.

      • athynz

        David why don’t you slither back into your mom’s basement? Or better yet tell me HOW I’m wrong – prove that I’m wrong in what I said in my post.

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