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ACA realities
Posted on Jan 7, 2015 in Affordable Care Act (ACA)
If the latest enrollment figures are any indicator, 2015 promises to be better for Obamacare than 2014.
Almost three times as many consumers have selected coverage plans on healthcare.gov than did so in the 2013 open enrollment period. Most of them being new consumers. The U.S. Department of Health and Human Services estimate about 9 million new customers for 2015, compared with the 7 million in 2014.
Open enrollment for healthcare.gov will end Feb. 15. Applicants may use the marketplace to check if they are eligible for Medicaid.
By all accounts, Obamacare is working. Through a combination of subsidies for low and moderate-income consumers and Medicaid expansion, the ACA has expanded coverage to 20 million more consumers by nearly 5%.